Basketball

6/20/2025 |  College Sports: Total Revenues Except Football and Basketball, NCAA Division 1 (Associated Press (AP)) The billionaire slated to take over the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence.
Mark Walter is CEO of the global investment and advisory company Guggenheim Partners, which is estimated to have more than $325 billion in assets. He’s also co-founder and CEO of holding company TWG Global.

6/20/2025 |  LA Lakers join list of teams being sold at ever-escalating prices (Associated Press (AP)) The family-owned Los Angeles Lakers are about to be sold at a valuation of $10 billion, smashing the previous record for the purchase price for a team sport.
The cross-country rival Boston Celtics went for $6.1 billion just three months ago.
With team values soaring, there have been a number of notable franchise transactions in recent years:

6/20/2025 |  Thunder fans expecting to celebrate NBA title see hopes dashed as Indiana forces Game 7 (Associated Press (AP)) OKLAHOMA CITY (AP) — Hundreds of confident Oklahoma City fans who flocked to the Paycom Center expecting to celebrate the Thunder’s first NBA championship on Thursday night headed for the exits when their team fell behind by 30 points.

6/20/2025 |  Winners and losers of Lakers sale: Good news for Luka Dončić and other NBA owners, Celtics lose record (CBS Sports) One of the most famous families in basketball is about to exit stage left. After 46 years and 11 championships, the Buss family is selling its majority stake in the Los Angeles Lakers to Dodgers owner Mark Walter at a $10 billion valuation. It is one of the most stunning sales in the history of sports not only for the gargantuan price, but for the people behind it.

6/20/2025 |  Why Kevin Durant’s Legacy Needs a San Antonio Spurs Chapter to Be Complete (DEADSPIN) It’s legacy-cementing time for Kevin Durant.
The eighth-leading scorer in NBA history has a chance to pass Wilt Chamberlain, Dirk Nowitzki and, yes, Michael Jordan on the all-time list next season.