EPISODE · Jun 22, 2025 · 5 MIN
From Boston to L.A.: What Two Moves Say About Who Owns Sports
from Sports Media Insider
The owners of the Los Angeles Lakers sold a majority stake in the franchise to billionaire businessman Mark Walter. Meanwhile, the Boston Red Sox traded away their superstar outfielder, just a year and a half after signing a $313 million extension.They both reflect this new era of sports ownership, where the world’s biggest franchises are part of growing global portfolios. Loyalty isn’t to the city or the fans but to the return on investment.
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From Boston to L.A.: What Two Moves Say About Who Owns Sports
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How long is this episode of Sports Media Insider?
This episode is 5 minutes long.
When was this Sports Media Insider episode published?
This episode was published on June 22, 2025.
What is this episode about?
The owners of the Los Angeles Lakers sold a majority stake in the franchise to billionaire businessman Mark Walter. Meanwhile, the Boston Red Sox traded away their superstar outfielder, just a year and a half after signing a $313 million...
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