Bill Simmons stands by claims about Lakers ownership group finances

Podcaster Bill Simmons has reaffirmed his claims regarding the financial status of the new ownership group for the Los Angeles Lakers. Earlier this year, Mark Walter announced his intent to sell the team, with Bob Iger and Josh Kushner identified as the prospective buyers. Although a $12.5 billion agreement has reportedly been reached, Simmons questions whether the group has secured sufficient funding to complete the deal. He expressed skepticism on his podcast, citing conversations with various individuals who indicated the group is still seeking additional funds. The transaction, if finalized, would set a new record for a sports franchise sale.

• 10:27 AMYahoo Sports — ‘I stand by’… Bill Simmons doubles down on LA Lakers ownership group claims