NBA: Los Angeles Lakers sold for a record sum of 10 billion?

A bolt from the blue in the NBA world. The Buss family has reached an agreement to sell the majority of the Los Angeles Lakers to Mark Walter, CEO of the diversified holding company TWG Global, according to ESPN . Walter has interests in several professional sports organizations, including the Los Angeles Dodgers, the Los Angeles Sparks, the Billie Jean Cup, the Cadillac Formula 1 team, and the Women's Professional Hockey League. According to the same source, the Buss family will retain, at least for a while, 15% of the Lakers, the second most successful franchise in NBA history (17) behind the Boston Celtics (18). The C's were recently sold for $6.1 billion . According to ESPN , the Lakers will change hands for... $10 billion, a world record for the sale of a club.

The Lakers have been owned by the Buss family since 1979, when Jerry Buss purchased the franchise from Jack Kent Cooke for $67.5 million. A deal that also included the Los Angeles Kings and the Los Angeles Forum. Under his leadership and with , the LA franchise won around ten NBA titles. The "Showtime" era, with Magic Johnson and Kareem Abdul-Jabbar on the court, among others. The Lakers passed to Jerry Buss's children upon his death in 2013 , and his daughter Jeanie has since taken over. Note that Walter had already been a minority shareholder in the Lakers since 2021, when he obtained a pre-emptive right on the majority of the franchise's shares. It should be remembered that the club acquired a young 26-year-old superstar Luka Doncic . Last crowned in 2020, the Californian club was knocked out in the first round of the playoffs .

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