Sport.News
All
NFL
NBA
MLB
NHL
Soccer
F1
Tennis
Golf
Boxing
MMA
Athletics
Swimming
Fallout from the Lakers’ sale already reverberating throughout the organization
🏀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.

Sport.News·1h
Source
Continue reading

No news yet

Check back soon for the latest sports news

Fallout from the Lakers’ sale already reverberating throughout the organization · Sport.News