Investors pursue $12.5 billion purchase of Los Angeles Lakers

Investors are seeking to acquire the Los Angeles Lakers for a record price of $12.5 billion. The potential sale reflects the complexities of family trusts, as the Buss family's long ownership of the franchise may come to an end. This comes amid ongoing discussions regarding the future of the team and its legacy in the NBA. The patriarch's wishes before his death have raised questions about the family's control over the business moving forward.

• 7:17 PMThe Conversation Africa — Legal wrangling over $12.5B Lakers sale shows how family trusts don’t guarantee a business stays in the family - The Conversation