The Lakers are poised to shatter records with a rumored $12.5 billion sale—making it the most expensive pro sports team deal in North America. Just 14 months ago, they were valued at just $10 million. This isn’t an isolated case: the Seahawks, Celtics, and Commanders have all fetched billions. Once accessible to passionate owners, these franchises are now dominated by billionaires and investment groups, raising big questions about who controls our beloved teams—and what this means for fans and communities. The NBA owners’ final approval is pending, but one thing’s clear: the price of sports ownership is skyrocketing, and the game has become a billionaire’s playground.

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