Los Angeles Lakers worth 'every bit' of $12.5 billion price tag: 76ers and Commanders owner Josh Harris
The Los Angeles Lakers set a new record for a professional team sale price at $12.5 billion, and sports investor Josh Harris said the team is worth "every bit."
TL;DR
- The Los Angeles Lakers' valuation has reached $12.5 billion, setting a new record for a professional sports franchise.
- This follows a previous sale of a majority stake in the Lakers for $10 billion in June 2025.
- Other recent high-value sports team transactions include the Atlanta Falcons ($10.6 billion), Seattle Seahawks ($9.61 billion), and Boston Celtics ($6.1 billion).
- Josh Harris, owner of the Washington Commanders and Philadelphia 76ers, stated the Lakers are worth 'every bit' of $12.5 billion.
- Harris attributes rising valuations to the continued interest in live sports content, massive fan bases, global media value, and increased private equity investment.
- The $12.5 billion valuation represents an estimated 20 times the Lakers' projected 2025-26 season revenue, an all-time high multiple for an NBA team control stake.
- Harris believes sports team valuations are not reaching bubble levels due to underlying growth and scarcity value.