Selling the Lakers freed up other assets and

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2026-08-16 23:50:28

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Selling the Lakers freed up other assets and collateral that Walter had pledged to finance the team purchase last year, which might help the insurance remediation move more quickly, The Wall Street Journal reported. The surprise offer wasnt part of the initial plan to become compliant with regulators, and the group continues to look for other fundraising options.Wall Street JournalThis article originally appeared on Hoops Hype: Selling the Lakers freed up other assets and

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