Why Are People Paying So Much More for Sports Teams? It’s Not for a Love of the Game. The Lakers just sold for $12.5 billion, 25% more than last year’s record sale. What’s driving the sudden price surge? Previous Article Papa Johns’ CEO Just Named His Company’s ‘Achilles Heel’ — Here’s What He’s Doing About It Next Article Jeff Bezos Owns $234 Million Worth of Property on This Island. But Even He Can’t Get Into Its Exclusive Country Club.