
🏀Basketball
Fallout from the Lakers’ sale already reverberating throughout the organization
The Los Angeles Lakers are reportedly being sold to Bob Iger and Josh Kushner for a record valuation of $12.5 billion, a deal driven largely by majority owner Mark Walter's need to address loans used to build his Los Angeles sports empire. The Buss siblings, whose formal and informal roles with the organization largely ended when Walter acquired the team over a year ago, voted as a bloc to sell their shares. The fallout from the pending sale is already being felt throughout the franchise, affecting players and front office personnel alike.
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