A group led by Joshua Kushner and Bob Iger made history by buying the Los Angeles Lakers for a record $12.5 billion last month. That is the highest price anyone has ever paid for a professional sports team, in any sport.
That number is small potatoes compared to what Kushner and Iger reportedly think the team could be worth a decade from now.
Advertisement
The new Lakers ownership group is telling potential investors the team’s value could reach at least $30 billion by the end of 2037, according to a copy of a presentation reviewed by the Wall Street Journal. The presentation was prepared by Kushner’s Thrive Capital investment firm.
That valuatio…
Read the full article at SPORTS.YAHOO.COM
