The Bounce: Dissecting the Lakers’ stunning $12.5 billion sale

The Los Angeles Lakers have been sold for $12.5 billion, a stunning valuation that comes just 14 months after Dodgers owner Mark Walter purchased the franchise for $10 billion from the Buss family. The $2.5 billion increase in such a short period highlights the rapidly escalating valuations of NBA franchises. Jeanie Buss was contractually permitted to remain involved with the team following the initial sale.