Lakers' $12.5B sale impacts valuations for NBA teams, including Jazz

The Los Angeles Lakers are set to be sold for $12.5 billion, a record for any sports franchise. This deal is expected to increase the valuations of other NBA teams, including the Utah Jazz. Current estimates place the Jazz's value between $4.1 billion and $4.35 billion, significantly higher than the $1.66 billion paid by owner Ryan Smith in 2020. Experts suggest the Lakers' sale could trigger further sales within the league, as minority owners look to capitalize on rising valuations. While Smith has emphasized a long-term commitment to the Jazz, speculation arises that the team's value could approach $5 billion in upcoming evaluations.

• 1:00 AMYahoo Sports — Lakers are selling for $12.5B. What will the Utah Jazz be worth?