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What's up with Walter selling the Lakers

Legacy franchise sells for record $12.5B

Good morning, all and happy Thursday!

Is there more than meets the eye to the shocking sale of the NBA’s Los Angeles Lakers by billionaire Mark Walter? I give my thoughts in the commentary.

Some other stories that caught my eye:

  • Wouldn’t it be something if the Detroit Tigers win the AL Central or land a wildcard spot in the playoffs? With or without ace starter Tarik Skubal, who they traded to the Dodgers at the trade deadline, they have been winning games at a consistent rate. They just might be the sleepers here.

  • And speaking of the wildcard race, do not rule out the defending AL champion Toronto Blue Jays, who are making a move. August is always a big month in MLB.

  • If the Lakers sold for $12.5B - and the deal has to be approved by other NBA owners - think of what the Cowboys or Yankees would sell for.

  • The Charlotte Hornets are the latest sports franchise to sign on with an over-the-air television outlet to carry some of their games for the upcoming season. More and more teams are going back to the old days of over-the-air television stations and streamers to get their games out there.

  • Big things are happening for the Northwestern football program. They open their new stadium this season and the program just received a $35M donation from the family of Liz and Dick Uihlein. Not to UConn football - an independent program - this is the kind of commitment your program will require to develop into a football force.

That is going to do it for today’s newsletter. Have a terrific Thursday and thank you for subscribing!

DAN

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