A change in ownership can signal shifts in team strategy. In 2021, Dodgers co-owners Todd Boehly and Mark Walter bought a 27% minority stake in the Lakers from Philip Anschutz. The deal, widely covered by ESPN and Los Angeles Times, valued the franchise at $5.14 billion ($1.38 billion for the stake) and was approved by the NBA in July 2021- one of the largest minority transactions in league history.

Fast forward to today, Mark Walter is bidding for controlling interest. ESPN reported that he’d present to the NBA’s Advisory Finance Committee on October 25, valuing the team at $10 billion- a U.S. sports record. The bid targets the Buss family’s ~66% stake, with Walter and Boehly (as a limited partner) acquiring 85%. The Buss family retains 15%, and Jeanie Buss stays as governor. The deal, a

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