The Los Angeles Lakers are being sold in a reported record-setting deal valued around $12.5 billion. Multiple outlets describe the transaction as a North American record for a sports franchise, marking one of the largest team sale prices ever reported.
The sale occurs shortly after a prior ownership change involving Mark Walter. One outlet notes that Walter, connected to the Dodgers’ ownership group, bought the team’s stake less than two years ago, while another says he took a majority stake within the past year. Coverage differs slightly on timing and the exact reported figure, with one source citing $12 billion and others citing $12.5 billion.
Overall, outlets align on the franchise being sold for a record amount and on the rapid succession of ownership steps after Walter’s recent acquisition. The reporting does not add detail on the new owner, deal structure, or the full terms, focusing instead on the sale price, record status, and immediate ownership context.
