L*kers are getting sold https://www.espn.com/nba/story/_/id/45539931/buss-family-agrees-sell-lakers-mark-walter-sources-say
Mark Walter is just buying the lakers for a cool 10 billion, but only at a majority, so not the full owner.
I'd have no problem if Jeanie Buss took her share and bought the Blazers. Rather have a person who loves basketball than a giant corporation that is buying the Lakers. Other sports franchises TWG owns: LA Dodgers LA Sparks Chelsea FC RC Strasbourg Alsace Andretti Global Spire Motorsports Cadillac F1 Team Wayne Taylor Racing
If the Lakers weren't in LA, they'd be a poverty franchise under the Buss family. They have *no* money.
So if TWC already owned 26%, and the Buss family is keeping 15%, that means TWC is paying $10 billion for 59% of the team. That's insane.
I don't think that's what the 10 billion means. I think it means the team was valued at 10 billion, and he's paying 59% of that for his share.
I've just seen some things that suggest that the Dodgers owner is an asshole - is that this guy, and is he?
He's putting a great product on the field. If the next owner of the Blazers is an asshole and we win 2 championships in 11 seasons, are we really going to care that they're an asshole?
100%. Gladly. It's just a sports team. If the product is good and the team stays in Portland I'm happy.
I would say that Elon is much worse than just an asshole. But yes, I would still cheer for the Blazers.