Billionaire Mark Walter’s purchase of the Los Angeles Lakers and his subsequent forced sale of the team less than a year later amid allegations of financial crimes at his companies are sparking fresh concern about who owns the biggest brands in pro sports. It is also highlighting how clubs are being leveraged as profit-driving mechanisms...
Billionaire Mark Walter’s purchase of the Los Angeles Lakers and his subsequent forced sale of the team less than a year later amid allegations of financial crimes at his companies are sparking fresh concern about who owns the biggest brands in pro sports. It is also highlighting how clubs are being leveraged as profit-driving mechanisms...
<iframe src="https://statesidedaily.com/embed/cluster/57bccc4e2c8387eb69e1ca3464b3584acd034f19" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Mark Walter scandal, LA Lakers sale raise concern about ownership in pro sports"></iframe>
