While they are not playing in the NBA Finals, the Lakers nonetheless made seismic news with the announcement that Dodgers owner Mark Walter has entered into an agreement to purchase majority ownership of the Lakers,

T he Los Angeles Lakers are being sold at a record price, ushering in a new era for the franchise. By any metric they are one of the most valuable and storied organizations in pro

The Los Angeles Lakers will become the most expensive sports team in history with a valuation of $10bn (£7.5bn) after an agreement was reached to sell a controlling stake to TWG Global CEO Mark Walter.