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The L.A. Times is a leading source of breaking news, entertainment, sports, politics, and more for Southern California and the world.
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Why do private equity firms take interest in buying pro sports teams?
3+ week, 3+ day ago (876+ words) One of Los Angeles’ celebrated professional sports franchises was owned by one local family for more than 45 years. Catering to Hollywood royalty and leaning into its “Showtime” charm, the Lakers became synonymous with the star-studded city. Two quick transactions later,…...