Why Are People Paying So Much More for Sports Teams? It’s Not for a Love of the Game.

Why Are People Paying So Much More for Sports Teams? It’s Not for a Love of the Game. Why Are People Paying So Much More for Sports Teams? It’s Not for a Love of the Game.

The Lakers just sold for $12.5 billion, 25% more than last year’s record sale. What’s driving the sudden price surge?

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