LA Lakers to be sold in record $12.5bn deal

The report

The Los Angeles Lakers is to be sold for a reported record $12. 5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.

The impact

5bn - less than a year after Mark Walter took a majority stake in the NBA franchise

The lakers backdrop

The detail that stands out: 5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.

Where this fits in Signal Ledger

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Our lakers read

Signal Ledger reads this through the lens of lakers, sold, record, 5bn, deal: 5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.