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The Lakers sold for $10 billion. What's behind sports teams' billion-dollar valuation?

With the Los Angeles Lakers valued at a record $10 billion, there aren't many people that can buy a sports team. Who are they and what will that mean to fans?

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Scott Simon is one of America's most admired writers and broadcasters. He is the host of Weekend Edition Saturday and is one of the hosts of NPR's morning news podcast Up First. He has reported from all fifty states, five continents, and ten wars, from El Salvador to Sarajevo to Afghanistan and Iraq. His books have chronicled character and characters, in war and peace, sports and art, tragedy and comedy.