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News
Lakers minority owner reveals fate of 4% stake in franchise after $12.5 billion sale
3+ week, 2+ day ago (581+ words) Los Angeles Lakers minority owner reveals the fate of his 4% stake following the franchise’s record $12.5 billion sale. Los Angeles Lakers minority owner Dr. Patrick Soon-Shiong has no intention of selling his 4% stake in the franchise following Mark Walter's record $12.5 billion…...
Bill Simmons predicts Mark Walter is selling Dodgers next, could actually face jail time
3+ week, 4+ day ago (404+ words) Bill Simmons predicts Mark Walter could sell the Dodgers next after the Los Angeles Lakers deal and speculates he could face jail time. Bill Simmons believes Mark Walter could sell the Los Angeles Dodgers next as questions continue to surround…...
Timberwolves owner Marc Lore becomes latest to sell with $4.5 billion valuation
3+ week, 2+ day ago (693+ words) Timberwolves owner Marc Lore is selling his majority stake in the team to Marc Stad for a $4.5 billion valuation. Just over a year after the NBA approved the sale of the controlling interest in the Minnesota Timberwolves and Lynx to…...
Pablo Torre Exposes Mark Walter’s Jaw-Dropping ‘Gift’ To Magic Johnson After Clippers Victory Lap
1+ week, 2+ day ago (341+ words) Following his part in the Clippers' investigation, Pablo Torre exposed the 'gift' Mark Walter gave to fellow Dodgers owner Magic Johnson. After Pablo Torre played a pivotal role in exposing the Los Angeles Clippers and their salary cap circumvention investigation,…...
Lakers rumors: Buss family drama won't hold up Mark Walter's $12.5 billion sale
3+ week, 4+ day ago (152+ words) The infighting between the Buss siblings reportedly won't stop Mark Walter from selling the Los Angeles Lakers. Whatever ends up happening on the Buss front, it seems that Walter is intent on selling the team, as reported recently by Sam…...
10% of Falcons franchise sold at $10.6 billion valuation
3+ week, 3+ day ago (472+ words) The Atlanta Falcons reportedly sold a 10% stake in the franchise at a massive $10.6 billion valuation amid rising NFL team values. A 10% stake in the Atlanta Falcons has reportedly been sold to Arctos at a $10.6 billion enterprise valuation, marking the latest…...
Owners approve historic Seahawks’ $9.6 billion sale to Vinod Khosla’s ownership group
2+ week, 3+ day ago (291+ words) NFL owners came to an agreement on the historic sale of the Seahawks, led by 49ers' limited partner Vinod Khosla. The Seattle Seahawks officially have a new ownership group over them, as the league approved a $9.612 billion sale from Paul Allen's…...
LIV Golf increasingly uncertain future leads to layoffs being announced
2+ week, 4+ day ago (156+ words) LIV Golf is making another move, which continues to cast a cloud of uncertainty around the future of the league. The future of LIV Golf has been uncertain for quite some time. There is uncertainty around the future of the…...