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Photo: Rob from Galapagar (Madrid), Spain / Wikimedia Commons (CC BY-SA 2.0)
Lakers Sale $12.5B; Walter Keeps Stake
The Los Angeles Lakers are being sold to Josh Kushner and Bob Iger for a record roughly $12 billion, making the team the NBA’s most valuable franchise and signaling a rapid shift from Mark Walter’s recent ownership. The deal follows a sequence of high-profile ownership changes that trace back to the Buss family era and underscores a surge in NBA franchise valuations across major sports.
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Fenway Sports Group Holdings, LLC (FSG), is an American multinational sports holding conglomerate who own NASCAR's RFK Racing, Major League Baseball's Boston Red Sox, the Premier League’s Liverpool, the National Hockey League's Pittsburgh Penguins, and a yet-to-be-named Boston team in the TMRW Golf League.

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