The Los Angeles Lakers Sold for $10 Billion to Mark Walter

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00:00so 10 billion dollars that's what the lakers sold for 10 billion dollars genie bus remains on the

00:08board of governors so i'm not you know i think there's there's some you know little details and

00:14stuff as the dodgers have a majority stake genie bus still has a little piece of the team but

00:19from you know moving forward now mark walter los angeles dodgers owner who's actually now the owner

00:26the new cadillac f1 team uh as well and formula one is really building his portfolio right now but if

00:35you're gonna own teams it's not a bad uh not a bad two teams to own huh i remember the old days when

00:42you weren't allowed to own multiple teams like you weren't you weren't supposed to like oh no no you

00:47can't and you know we all knew they did but now it's like everything else actually though you know

00:53i mean it's like 12 people have like you know 98 of the world's wealth the sports world has actually

01:00become this as a dodger fan it's like all right cool they all the lakers now and if you're a laker fan

01:05you know i don't i can't say the lakers were mismanaged but i think you know they're going

01:10to be even more aggressive uh now but in a bigger picture it's actually pretty alarming

01:16like as somebody that watches as much soccer as i do like every one of these like every one of

01:22these european teams is owned by is owned by like an nfl owner a major league baseball owner

01:29right you know john henry owns the boston red socks does he even really care about winning with

01:34the boston red socks or does he care about buying more soccer teams with the boston red sock money

01:38this is more trade