Buss family sell Lakers at $10 billion valuation – The most expensive sale in sports history

The Los Angeles Lakers will be sold to Los Angeles Dodgers owner Mark Walter at a $10 billion valuation, according to multiple outlets, marking the largest acquisition in sports history if the deal goes through. Key Facts Crucial Quote Lakers legend and Dodgers part-owner Magic Johnson said fans of the franchise should be “ecstatic,” lauding Walter and saying the […]

‘Massive boost’: Inside the $468m Melbourne Cup Carnival

On the first Saturday of each November, a sea of stylish black and white racegoers descend on Flemington Racecourse. Penfolds Victoria Derby Day is the kick-off to Melbourne Cup week festivities – an annual event contributing significant revenue to the Garden State. It’s the largest major event on Victoria’s calendar – creating almost 18,000 jobs […]

Paris Olympics: Tourist figures down, so who’s coming to the party?

With just 10 days to go before the Paris Olympics opening ceremony on the iconic river Seine, news surrounding the event is confusing—some outlets are reporting that tourists are keen to avoid a congested, overpriced city, while others are already reporting a triumph, with throngs of tourists already celebrating the most sustainable Olympic Games ever. […]