THE LAKERS SOLD: Sports Teams as Investment
The Los Angeles Lakers—one of the NBA’s most iconic franchises—has just made history again. In a landmark deal, the Buss family has sold their controlling stake to billionaire investor Mark Walter, founder and CEO of TWG Global, valuing the team at an unprecedented $10 billion nypost.com+14apnews.com+14thetimes.co.uk+14. This transaction marks both a new chapter for the Lakers…