How Do You Buy a $12.5bn Basketball Team? The Lakers Deal and the Institutionalization of Sports

Disruption Banking

Fourteen months is a short time to flip a basketball team. It is an even shorter time to add $2.5bn to the sale price. On 12 August, Josh Kushner and Bob Iger agreed to buy control of the Los Angeles Lakers at a $12.5bn valuation, a record for any US sports franchise. ESPN broke it.

Artykuł pochodzi z serwisu Disruption Banking.