Get the latest gossip

Los Angeles Lakers Sold For Record 10 Billion Dollars In Largest Sports Franchise Deal Ever


The Los Angeles Lakers are officially sold at a rate of 10 billion dollars, marking the most expensive professional sports franchise...

ESPN’s Adam Schefter would announce the deal, and the tectonic shockwaves traumatized the world of sports as well as social media, which did not squander a single moment to witness intense reactions. In its dealings, Walter’s financial organization has control over some 325 billion dollars in assets, and this acquisition shall potently cement his position as arguably the most powerful man in professional sports ownership. Some fans felt that timing was rather suspicious, with one linking the Dallas Mavericks’ recent lottery luck to such ever-popular conspiracy theories: “And we’re all just supposed to pretend that the Luka trade followed by the Mavs getting the No.

Get the Android app

Or read this on Celebrity Insider

Read more on:

Photo of Los Angeles

Los Angeles

Related news:

News photo

David Oyelowo on Why He Made It a Priority to Shoot ‘Government Cheese’ in Los Angeles

News photo

Guess who! Aussie heartthrob looks almost unrecognisable while enjoying a low-key lunch in Los Angeles

News photo

‘The Pitt’ Season 2 Begins Production in Los Angeles