[Pompilano] Bloomberg is reporting that Mark Walter has been in talks with investors to raise money to pay down the loans he is being investigated for. That’s why he sold the Lakers for $12.5B — in a deal that came together in just 72 hours — less than two years after he purchased the team.
Source: https://huddleup.substack.com/p/inside-the-lakers-record-breaking
Bloomberg is reporting that Mark Walter has been in talks with investors to raise money to pay down the loans he is being investigated for. That’s why he sold the Lakers for $12.5B — in a deal that came together in just 72 hours — less than two years after he purchased the team.