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Buss Family Sells Majority Ownership of Lakers to Dodgers Owner in $10 Billion Deal

(adsbygoogle = window.adsbygoogle || ).push({}); The Buss family has agreed to sell a majority stake in the Los Angeles Lakers to businessman Mark Walter in a deal valuing the franchise at $10 billion. Walter, the CEO and chairman of the diversified holding company TWG Global, is also an investor in Chelsea FC of the Premier League and the majority owner of MLB’s Los Angeles Dodgers. This transaction is projected to value the Lakers at approximately $10 billion, making it the largest sale of a professional sports franchise in history. The Buss family has owned the Lakers since 1979, when Jerry...
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