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Unpacking the record-breaking sale of the LA Lakers

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 3:31 PM EDT
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
John Ketchum

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.