Billionaire Philip Anschutz, the founder of AEG and owner of Staples Center, has agreed to sell his 27% stake in the Lakers to Mark Walter and Todd Boehly, two of the Dodgers’ owners, sources confirmed to The Times.
Sportico first reported the transaction, which valued the Lakers at about $5 billion, putting Walter’s and Boehly’s stake in the NBA franchise owned by the Buss family at $1.35 billion, the largest minority ownership with the team.
Anschutz is also the owner of the Kings and the Galaxy, and a source said the move with the Lakers shares won’t affect his relationship with either team.