A notable transaction is taking place in the sports world, with the Los Angeles Lakers being sold. The sale price is a record $12 billion, marking a significant milestone for a North American sports franchise.
The team was previously purchased by Mark Walter, co-owner of the Los Angeles Dodgers and CEO of TWG Global, from the Buss Family less than two years ago.
Further details about the sale can be found in the Galveston County Daily News, which reported on the transaction.
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