The Lakers got flipped?! What we know about the decision to sell… | HappeningNow.news

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The Lakers got flipped?! What we know about the decision to sell, and how the league reacted

After the stunning sale, ESPN spoke to more than a dozen NBA sources to find out why, what it could mean for the league and more. Here's what they said.

Source AI Summary Published August 13, 2026 Brief Under 1 min brief
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AI Summary

The sale of the Los Angeles Lakers has been finalized, with the team reportedly valued at $125 billion. This valuation is a significant increase from previous estimates, indicating a substantial investment in the team. The sale has garnered a mixed reaction from NBA executives and agents. Some have expressed surprise at the high valuation, while others have praised the new ownership group for their commitment to the team. The implications of this sale are still unclear, but it is likely to have a significant impact on the NBA as a whole.

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