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The Daily — When Private Equity Comes for Your Favorite Team
Not scored yet34m·2026-08-21·News Politics

When Private Equity Comes for Your Favorite Team

The Daily

Last week, the owner of the Los Angeles Lakers announced he was selling the basketball team for $12.5 billion — the highest price ever paid for a professional sports team. The deal has shocked the sports world and drawn new attention to a growing trend: Big groups of investors have been buying up professional sports…

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