Lakers Sale Terms Finalized at $12.5 Billion USD

Lakers Sale Terms Finalized at $12.5 Billion USD

SummaryMark Walter and Josh Kushner agree to outstanding terms for Lakers saleHistoric transaction sets the sports franchise record with a $12.5 billion valuationDeal effectively ends the Buss family's governance following an ownership disputeCurrent governor Mark Walter and Thrive Capital founder Josh Kushner agreed on all outstanding terms for the sale of the Los Angeles Lakers. Reported by ESPN’s Ramona Shelburne, the finalized agreement values the iconic franchise at $12.5 billion USD, estab...

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