Salem Radio Network News Monday, September 22, 2025

Sports

Factbox-Biggest deals for global sports teams

Carbonatix Pre-Player Loader

Audio By Carbonatix

By Gertrude Chavez-Dreyfuss

(Reuters) -The Buss family agreed in principle on Friday to sell the Los Angeles Lakers, who have won 17 National Basketball Association championships, to financier Mark Walter in a world record deal that values the franchise at $10 billion.

Walter is chief executive officer of Guggenheim Partners, a global financial services firm with more than $325 billion in assets.

He led the group that bought the Los Angeles Dodgers in 2012, according to The Athletic, and currently holds the controlling share in the baseball franchise.

Here are the biggest purchases of global sports teams in history:

1. Los Angeles Lakers (NBA): Majority stake sold to MarkWalter, valuing franchise at about $10 billion (June 2025) 2. Boston Celtics (NBA): Sold to  private equity investorBill Chisholm for $6.1 billion (March 2025) 3. Washington Commanders (NFL): Sold to a group led by JoshHarris for $6.05 billion. Harris is co-founder of private equityfirm Apollo Global Management (July 2023) 4. Chelsea Football Club (Premier League – UK): Sold to aninvestment group led by Todd Boehly and Clearlake Capital for$5.3 billion (May 2022) 5. Denver Broncos (NFL): Sold to Walmart heir Rob Walton for$4.65 billion (August 2022) 6. Phoenix Suns and Phoenix Mercury (NBA, WNBA): Sold tobillionaire mortgage lender Matt Ishbia (December 2022) 7. Milwaukee Bucks (NBA): Sold to Cleveland Browns ownerJimmy and Dee Haslam for $3.5 billion (April 2023) 8. Brooklyn Nets (NBA): Sold to Chinese billionaire Joe Tsaifor $3.3 billion (September 2019) 9. New York Mets (MLB): Sold to investor Steve Cohen for$2.4 billion (November 2020) 10. Minnesota Timberwolves (NBA): Sold to investor group ledby Mark Lore and Alex Rodriguez for $1.5 billion (April 2025)

(Reporting by Gertrude Chavez-Dreyfuss)

Previous
Next
The Media Line News
Salem Media, our partners, and affiliates use cookies and similar technologies to enhance your browsing experience, analyze site traffic, personalize site content, and deliver relevant video recommendations. By using this website and continuing to navigate, you consent to our use of such technologies and the sharing of video viewing activity with third-party partners in accordance with the Video Privacy Protection Act and other privacy laws. Privacy Policy
OK
X CLOSE