{"id":110505,"date":"2025-06-19T21:09:13","date_gmt":"2025-06-19T21:09:13","guid":{"rendered":"https:\/\/www.rawchili.com\/nba\/110505\/"},"modified":"2025-06-19T21:09:13","modified_gmt":"2025-06-19T21:09:13","slug":"la-lakers-join-list-of-teams-being-sold-at-ever-escalating-prices","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nba\/110505\/","title":{"rendered":"LA Lakers join list of teams being sold at ever-escalating prices"},"content":{"rendered":"\n

Jun 20, 2025 02:34 AM IST <\/p>\n

LA Lakers join list of teams being sold at ever-escalating prices <\/p>\n

The family-owned Los Angeles Lakers are about to be sold<\/a> at a valuation of $10 billion, smashing the previous record for the purchase price for a team sport. <\/p>\n

\"HT HT Image <\/p>\n

The cross-country rival Boston Celtics went for $6.1 billion just three months ago. <\/p>\n

With team values soaring, there have been a number of notable franchise transactions in recent years: <\/p>\n

The Lakers have been in the Buss family since 1979<\/a>, but Jeanie Buss has agreed to sell the NBA’s most valuable franchise to L.A. Dodgers owner Mark Walter. <\/p>\n

The Celtics, who won their record 18th NBA championship last year, went for $6.1 billion in March<\/a> to private equity mogul Bill Chisholm. <\/p>\n

Josh Harris, who with David Blitzer owns the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, added to his sports portfolio in 2023 by purchasing the Commanders for a then-record $6.05 billion<\/a>. <\/p>\n

The English Premier League team went to a consortium fronted by Dodgers part owner Todd Boehly that also includes Walter in 2022 for $3.2 billion<\/a>. Another $2.2 billion was pledged for infrastructure and associated teams. <\/p>\n

The Walton-Penner ownership group led by Walmart heir Rob Walton bought the NFL team<\/a> in 2022 for $4.65 billion. <\/p>\n

Mortgage executive Mat Ishbia purchased the team<\/a> for a then-NBA record $4 billion in 2022. <\/p>\n

Mark Cuban sold the NBA franchise<\/a> in 2023 for $3.5 billion to the Adelson family, which owns the Las Vegas Sands casino company. <\/p>\n

Michael Jordan agreed to sell his majority share in the NBA’s Hornets in 2023<\/a> for $3 billion to Rick Schnall and Gabe Plotkin. Schnall had a minority ownership in the NBA’s Atlanta Hawks and Plotkin in the Hornets. <\/p>\n

This article was generated from an automated news agency feed without modifications to text.<\/p>\n

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