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Lakers sold for $12.5 billion following LeBron James' departure

Yahoo Sports • 1 min read • Latest: Aug 13, 2026, 6:39 AM

Last updated Aug 13, 2026

Lakers sold for $12.5 billion following LeBron James' departure

Summary

The Los Angeles Lakers have sold for a record $12.5 billion, less than two years after being purchased for $10 billion. The sale marks a significant increase in the franchise's value since LeBron James joined the team in 2018, when the Lakers were valued at approximately $3.3 billion. LeBron's tenure saw the Lakers win an NBA Championship in 2020 and contributed to a major rise in valuation. Luka Doncic is now viewed as the team's cornerstone star. Mark Walter’s sale to new ownership generated a substantial profit and reflects the ongoing changes within the organization.

Source Links

Yahoo Sports

Key Details

•Lakers valued at $3.3 billion when LeBron joined in 2018.
•Mark Walter sold the Lakers for $12.5 billion in 2026.
•Lakers won an NBA Championship during LeBron's tenure.
•Luka Doncic now leads the franchise post-LeBron.
•Sale represents a $9.1 billion increase in team valuation.

Latest Updates

6:39 AMYahoo Sports — How much were LA Lakers worth when LeBron James joined in 2018 amid $12.5 billion shock sale

What they're saying

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In less than two years, the Los Angeles Lakers have been sold twice. The Los Angeles Lakers are undoubtedly one of the most iconic franchises in NBA history.
— Yahoo Sports

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