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The Daily

When Private Equity Comes for Your Favorite Team

The Los Angeles Lakers have been sold for a record $12.5 billion, the latest sign that huge pools of institutional money are flooding into professional sports.

0:00 34:43

Episode Summary

The Los Angeles Lakers have been sold for a record $12.5 billion, the latest sign that huge pools of institutional money are flooding into professional sports.

Published August 21, 2026 · 34:43

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