Lakers Lap Knicks in New NBA Franchise Valuations After Team Sale
Summary
The Los Angeles Lakers are now more valuable than the New York Knicks in NBA franchise valuations, according to a 2025 report by Sportico. The change came after the Buss family sold most of their team ownership to Mark Walter for about $10 billion, making the Lakers the second most valuable team in the league.Key Facts
- The Lakers are now valued at $10 billion, moving ahead of the Knicks who are valued at $9.85 billion.
- The Golden State Warriors lead the NBA with a valuation of $11.33 billion.
- The Buss family sold the majority ownership of the Lakers to Mark Walter in June for about $10 billion.
- Mark Walter has been involved with the Lakers since 2021, holding a 26 percent share before the recent purchase.
- Walter is involved with other sports teams like the Los Angeles Dodgers, Los Angeles Sparks, and Chelsea from the Premier League.
- Under Walter's ownership, the Dodgers have won several championships and invested heavily in team development and facility upgrades.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
