Lakers Deal Caps Billionaire Rush Into Sports With $12.5 Billion Purchase
Deals·1 article across 1 outlet
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Bob Iger and Josh Kushner moved from pursuing a Las Vegas NBA expansion team to agreeing within days to buy the Los Angeles Lakers in a record $12.5 billion deal.
Bloomberg News Host of Sports City Randall Williams is on Bloomberg This Weekend with hosts Joe Mathieu and Carol Massar and explains that this acquisition marks a significant moment in the increasing interest of billionaires in sports franchises.
LakersBob IgerJosh Kushner
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“Bob Iger and Josh Kushner moved from pursuing a Las Vegas NBA expansion team to agreeing within days to buy the Los Angeles Lakers in a record $12.5 billion deal.”
Bloomberg — Lakers Deal Caps Billionaire Rush Into Sports