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Waltons Buy Bulls Stake
Lukas and Samantha Walton, Walmart heirs with billions to spare, have quietly bought a 10% stake in the Chicago Bulls and United Center—no takeover, just a strategic cash infusion. With the Reinsdorf family still in control, the move signals a financial alliance, not a basketball revolution. The Waltons, longtime Chicago residents, are eyeing real estate upside around the arena, with a major development set to finish by 2028. This isn’t about running the team—it’s about building value, leveraging their massive assets, and partnering with the Bulls’ existing power brokers for a smarter…
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