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Sunday, August 16th, 2026
Sunday, August 16th, 2026

Higher Education

Sports Money

The Los Angeles Lakers’ Record $12.5 Billion Sale Resets The Market For Sports Teams

Less than a year after Mark Walter paid $10 billion for the team, he flipped it like a piece of real estate. But if there is a bubble for pro sports team ownership, it hasn’t shown any signs of popping yet.

Aug 14, 2026 6:20 AM ET

5 MIN READ



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