LA Lakers set for record $12.5bn sale, sources say

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The Los Angeles Lakers NBA franchise is reportedly set to be sold in a deal valued at $12.5 billion, which would mark a record price for a sports team. The sale comes less than a year after Mark Walter acquired a majority stake in the storied basketball franchise. If completed, the transaction would represent a landmark moment in professional sports ownership history. Further details about the prospective buyer or timeline have not yet been officially confirmed.

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