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Unpacking the record-breaking sale of the LA Lakers

NPR | By Jason Fuller,
John Ketchum
Published June 19, 2025 at 3:21 PM CDT

ESPN reported on Wednesday that a majority stake in the Los Angeles Lakers is being sold "for a franchise valuation of approximately $10 billion," citing "sources with knowledge of the deal." Author and historian Jeff Pearlman explains what this means for the franchise and the sport of basketball.

Copyright 2025 NPR

Corrected: June 23, 2025 at 2:31 PM CDT
In this audio story, as well as in a previous web summary, we incorrectly report that the Los Angeles Lakers had announced that the team will be sold for $10 billion. In fact, no announcement has been made, although ESPN reported on June 18 that an agreement was in the works. The terms of the deal have not been made public.
Jason Fuller
[Copyright 2024 NPR]
John Ketchum
John Ketchum is a senior editor for All Things Considered. Before coming to NPR, he worked at the New York Times where he was a staff editor for The Daily. Before joining the New York Times, he worked at The American Journalism Project, where he launched local newsrooms in communities across the country.
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