The Culture

The Los Angeles Lakers Are Sold in a Record $12.5 Billion Deal

via BBC World·Aug 12·2 sources

The Lakers changed hands in a sale valuing the franchise at $12.5 billion, the largest price ever paid for a sports team. The buyer is Josh Kushner, brother of Jared Kushner, whose investment firm led the purchase. The figure resets the ceiling for what a marquee professional club is worth.

Read Full Story at BBC World

Coverage from 2 outlets

Daily Wire

Jared Kushner’s Brother Buys LA Lakers

Sports

Related Stories

A Hall of Fame Lineman Builds a Wagyu Cattle Ranch After Retiring From the NFL

Fox News·yesterday

NFL Quarterbacks Describe Finding God in Defeat

Christianity Today·yesterday

LIV Golf Files for Bankruptcy Protection as It Tries to Survive Without Saudi Funding

Washington Times·yesterday

A Reds Third Baseman Becomes a US Citizen and His Teammates Throw Him a Welcome

Daily Wire·4d ago
DiscussSoon
← Front Page