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.

Source: [CNBC](https://www.cnbc.com/2026/08/24/los-angeles-lakers-worth-every-bit-of-12point5-billion-price-tag-76ers-and-commanders-owner-josh-harris.html)

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