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"The sale of the L.A. Lakers to Mark Walter marks a significant milestone in the history of the team, which was previously owned by the Buss family. The valuation of $10 billion is a record for any American sports franchise. The sale comes as the sports industry continues to see significant growth, with other teams, such as the Boston Celtics and 49ers, selling for valuations of $6.1 billion and $8.6 billion respectively."
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