Mark Walter scandal, LA Lakers sale raise concern about ownership in pro sports
- Billionaire Mark Walter’s purchase of the Los Angeles Lakers and his subsequent forced sale of the team less than a year later amid allegations of financial crimes at his companies are sparking fresh concern about who owns the biggest brands in pro sports.
- It is also highlighting how clubs are being leveraged as profit-driving mechanisms...
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- Billionaire Mark Walter’s purchase of the Los Angeles Lakers and his subsequent forced sale of the team less than a year later amid allegations of financial crimes at his companies are sparking fresh concern about who owns the biggest brands in pro sports.
- It is also highlighting how clubs are being leveraged as profit-driving mechanisms...
Sources: The Hill