Buss family agrees to sell Lakers

Comments

• pdxfed@lemmy.world ⁨1⁩ ⁨day⁩ ago

  It’s weird but $10B for the Lakers sounds frankly low? If the Grizzlies are worth 3.5B, the Lakers are 10x easy if you’re taking the super-long-term ownership perspective. When the NBA finally sells internet games direct to the public, when they get to set ad prices instead of legacy TV folks, as internet media and entertainment and sponsorship and athletics continue to evolve, the future seems very bright in an increasingly global world as the #2 or 3 global sport behind soccer and maybe cricket/F1.

  I guess it’s one of those things; LeBron is worth way more than he makes relative to other players but due to the structure of income and payments etc. he can’t really be paid what he’s worth. It makes the league overall stronger, and the wealer teams in the league benefit from income resistribution from the big market workhorses like la, Boston, Miami, etc.

  Still…$10B? In 2025? Especially given the tax advantages…

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• RandAlThor@lemmy.ca ⁨2⁩ ⁨days⁩ ago

  Also, there goes the TV series. xD

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• RandAlThor@lemmy.ca ⁨2⁩ ⁨days⁩ ago

  Holyyyyyyyyy sheet!

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• TrippyFocus@lemmy.ml ⁨2⁩ ⁨days⁩ ago

  Reported $10B valuation based on the purchase price.

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