14 hours ago
LA Lakers join list of teams being sold at ever-escalating prices
The family-owned Los Angeles Lakers are about to be sold at a valuation of $10 billion, smashing the previous record for the purchase price for a team sport.
The cross-country rival Boston Celtics went for $6.1 billion just three months ago.
With team values soaring, there have been a number of notable franchise transactions in recent years:
