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The Buss Family Purchased The Lakers In 1979 For $67.5 Million; Sold Franchise For $10 Billion 46 Years Later
The Buss family made a move to sell the franchise to TWG Global for $10 billion, which, in light of their initial $67.5 million purchase in 1979, sees them walk away with a healthy profit.
Explainer-NBA-Breaking down the Buss family's sale of LA Lakers at $10-billion valuation
Lakers minority owner Mark Walter is set to take majority ownership in a deal valuing the Lakers at about $10 billion, making it the most expensive U.S. sports team valuation in history. The deal will end family control of the Lakers.
From Showtime glory to a bubble-era masterpiece and the clutch trades that redefined a dynasty, the Buss family's 46‑year run ...
The Buss Family has agreed to sell the majority of the team to Mark Walter in what was seen as a truly shocking move. Walter, ...
A FIVE-DECADE sports dynasty is ending at the Los Angeles Lakers as the team is being sold for a staggering $10 billion. The ...
Luka Doncic Sends Message to Jeanie Buss After Major Lakers News originally appeared on Athlon Sports.
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