Matt Bok

1 week ago | sportico.com | Matt Bok

This week’s news that the Buss family agreed to sell control of the Los Angeles Lakers to Mark Walter at a record $10 billion valuation comes less than two months after a sovereign wealth investment into Walter’s holding company TWG Global. Mubadala Capital, an investment arm of Mubadala Investment Company, a sovereign wealth fund based in the United Arab Emirates, agreed to a multibillion-dollar alliance with TWG at the end of April.

1 week ago | sportico.com | Matt Bok |Kurt Badenhausen

The Buss family, owners of the Los Angeles Lakers, have reached an agreement to sell the storied NBA franchise at a $10 billion valuation to Mark Walter, CEO of holding company TWG Global, a source with knowledge of the deal told Sportico. ESPN first reported the agreement. Sportico valued the Lakers at $8.07 billion in its latest round of NBA valuations, good for third-most in the league.

2 months ago | sportico.com | Matt Bok

Sportico is thrilled to announce an exciting lineup of marquee speakers and panels for the return of its Invest West event taking place on Thursday, May 8 at the Intuit Dome in Los Angeles. This one-day showcase will bring together visionaries and key decision-makers from the worlds of sports, entertainment and finance to explore the latest trends shaping California’s vibrant sports business ecosystem.

2 months ago | sportico.com | Matt Bok

One of the most exclusive stops during Master’s week is a longtime pop-up that opens for only a single week a year. The Double Eagle Club, created by Intersport founder and CEO Charlie Besser, first opened in 1992 to serve fans and patrons of the Masters–– and is still going strong today. “It’s software companies, media companies, its financial services predominately.

2 months ago | sportico.com | Matt Bok

NEW YORK — Today, Sportico and Athena Elite Sports announced the launch of Next Gen Sports Lab, a summer program designed to immerse high school students in the dynamic world of professional sports. This unique residential program set to take place from June 29 to July 12, 2025, offers teenagers ages 14-18 an opportunity to explore the $600 billion sports industry through hands-on experiences and access to leaders in the industry.