LThe Lakers compete in the NBA as a professional basketball team in Los Angeles. They earn money from national and local TV rights, ticket sales at Crypto.com Arena (including premium seating), and selling Lakers merchandise and sponsorships. They stand out from rivals with a global brand, a history of success, celebrity connections, and multiple revenue streams that reach fans worldwide. Their goal is to win games and grow their brand and revenues by engaging a large, global fan base.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
El Segundo, CA
Founded
1948
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Total Funding
N/A
N/A
Industry Average
Funded Over
1 Rounds
The Lakers are being sold to American businessmen Josh Kushner and Bob Iger for over $12 billion, a record-breaking price, multiple sources told ESPN.
Former Virginia coach Tony Bennett has joined the Los Angeles Lakers as an NBA draft adviser to general manager Rob Pelinka. Bennett, a two-time national coach of the year, compiled a 364-136 record at Virginia from 2009-24 and led the Cavaliers to the 2019 national championship. Pelinka praised Bennett's track record in building culture with high-character players, calling him "an incredible asset to our basketball leadership". Bennett led Virginia to six ACC regular-season championships and previously coached at Washington State. Bennett played four years in the NBA, including three seasons with Charlotte, from 1992-95. Virginia recently honoured him by naming the court at John Paul Jones Arena after him.
The NBA's average team valuation has reached $5.52 billion, an 18% increase from last year, with three franchises—the Golden State Warriors, New York Knicks and Los Angeles Lakers—now valued at $10 billion or more. Average revenue across the league's 30 teams was $416 million during the 2024-25 season, up 6.7% year-on-year. The valuation surge is partly driven by a new national media rights package that began in the 2025-26 season, worth $75.9 billion over 11 years according to S&P Global. The new deal represents 2.6 times the league's previous rights package on an average annual basis, helping push NBA team valuations to record levels.
The Buss family has agreed to sell a majority stake of the Los Angeles Lakers to businessman Mark Walter.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
El Segundo, CA
Founded
1948
Find jobs on Simplify and start your career today
We update Los Angeles Lakers's jobs every few hours, so check again soon!Browse all jobs