Looks like private equity is going to own a good percentage of pro sports. Probably college football at some point with new alignments.
This is horrible news for those of us who despise the Lakers. The Buss family actually wasn't that wealthy comparatively speaking. They avoided the luxury tax and were thrifty. Now they're going to have way more resources.
That seems really low considering.. is recently in the last few years or last few month? If possibly precovid, id take those valuations and toss em out the window.
Not Forbes, but... CNBC’s Official NBA Team Valuations 2025 Golden State Warriors $9.4 Billion New York Knicks $7.5 Billion Los Angeles Lakers - $7 Billion
Looks like the Lakers are going to hire @THE HCP. LA Dodgers say ICE agents were blocked from its stadium
I always trust logionhoops… Some are saying this sale is another piece in the luka trade scheme. Vegas money team valuation etc
So let me get this straight…. Luka traded to the Lakers in Feb 1st for a shit return. Mavs win the lottery and get Flagg Lakers are sold 4 months later for 10 billion. Sure….seems legit.