Inside the increasing values of sports franchises amid the Lakers $12.5 billion sale
Summary
The Los Angeles Lakers basketball team is being sold for $12.5 billion to Bob Iger and Josh Kushner. This sale highlights how the values of sports teams are increasing significantly.Key Facts
- The Los Angeles Lakers will be sold for $12.5 billion.
- The buyers are Bob Iger and Josh Kushner.
- This sale is one of the highest amounts paid for a sports team.
- The increasing price reflects the rising value of sports franchises.
- Mike Vorkunov, an NBA business reporter, discussed the deal on CBS News.
- The news coverage was available on the CBS News app and website.
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