In June 2025, the Los Angeles Lakers were sold for a record-breaking $10 billion to Mark Walter, CEO of Guggenheim Partners and majority owner of the Los Angeles Dodgers franchise.
This transaction marks the highest valuation ever for a professional sports franchise in the United States.
Surpassing the previous record held by the Boston Celtics, who were sold for $6.1 billion earlier in the year.
So, what does this mean for the future of the Los Angeles Lakers?
Will they become more dominant on the court now that they have an owner in sports who has proven he’s willing to pay to win?
Or, are they going to digress financially in order to focus on their initial ROI post sale?
The Drivers Behind the $10B Valuation
Several factors contributed to the Lakers’ unprecedented valuation:
- Media Rights Expansion: The NBA’s $77 billion, 11-year media rights deal, finalized in 2025, has significantly increased revenue potential for top franchises. The Lakers, with their iconic brand and global fanbase, command premium local TV rights, exemplifying this trend.
- Global Brand Appeal: The Lakers’ status as a global brand, with a substantial international following, enhances their marketability and revenue streams beyond domestic borders.
- Diversified Revenue Streams: From crypto sponsorships to virtual arenas, franchises are monetizing beyond ticket sales. The Lakers’ 2020 bubble championship, which generated $100 million in streaming and merchandise sales, previews a future where digital platforms eclipse traditional revenue
Implications for Future Franchise Valuations
The Lakers’ sale sets a new benchmark for franchise valuations, influencing other major sports leagues:
- NBA: The sale underscores the increasing value of NBA franchises, influenced by lucrative media deals and global fan engagement.
- NFL: While the NFL’s Dallas Cowboys remain the most valuable franchise globally, the Lakers’ valuation highlights the growing financial power of NBA teams.
- MLB: The sale reflects a broader trend of rising franchise values, with teams like the New York Yankees also experiencing significant valuation increases.
- MLS and Other Leagues: The escalating valuations in major leagues may influence the financial dynamics of other sports leagues, potentially attracting more investment and increasing franchise values globally .
Future of Sports Franchise Ownership
The Lakers’ sale signifies a shift towards institutional ownership in sports franchises.
Mark Walter’s acquisition, backed by Guggenheim Partners’ extensive financial resources, exemplifies how deep-pocketed investors are reshaping the landscape of sports ownership.
This trend may lead to increased capital investments in teams, enhancing their competitiveness and financial stability.
As the sports industry continues to evolve, the record-setting sale of the Lakers serves as a pivotal moment, highlighting the growing financial power of sports franchises and setting new standards for future transactions.
Next Reads
- Los Angeles Lakers 2025 Valuation: Pre-Trade Snapshot
- Luka Dončić Lost $345 Million: How the Lakers Trade Cost Him a Supermax
- How the Dodgers’ Ownership Built a Multi-Billion Dollar Sports Empire
- Apollo’s $5 Billion Private Equity Fund Explained
- Inside the NCAA’s New Partnership with Genius Sports
Credits
Written by: Aidan Anderson
Research and Analysis: Apostle Sports Media LLC
Sources: Reuters, Washington Post, Vanity Fair, CBSSports, AInvest, APSM Proprietary Analysis.
Featured Image: Public Domain / Wiki Commons
Disclaimer: This article contains general financial information for educational purposes and does not constitute as professional advice.
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