Forbes(@Forbes):Less than a year after Mark Walter paid $10 billion for the Los Angeles Lakers’, he flipped it like a piece of real estate. But if there is a bubble for professional sports team ownership, it hasn’t shown any signs of popping yet. Read more about how the Lakers' record $12.5 billion sale resets the market for sports teams:

Forbes

@Forbes

Joined November 2009

4.6K Following 20.3M Followers

Forbes@Forbes

2026.08.13 19:29

Less than a year after Mark Walter paid $10 billion for the Los Angeles Lakers’, he flipped it like a piece of real estate. But if there is a bubble for professional sports team ownership, it hasn’t shown any signs of popping yet. Read more about how the Lakers' record $12.5 billion sale resets the market for sports teams: