Record Sales in North American Sports Franchises Led by Lakers
The Los Angeles Lakers are poised for a sale at a valuation of $12.5 billion to Bob Iger and Joshua Kushner, pending approval from NBA owners. This deal would establish a new record for North American professional sports franchise sales.
This potential sale follows Mark Walter's acquisition of the Lakers for $10 billion just 14 months earlier. The Lakers are considered a premier franchise, and the rising prices reflect a trend where ownership of major sports teams is increasingly dominated by billionaires and institutional investors.
Other notable recent sales include the Seattle Seahawks, sold for $9.612 billion, and the Boston Celtics, which were purchased for $6.1 billion. The escalating valuations highlight the growing financial stakes in professional sports.
