New Lakers owners reportedly telling investors they expect team’s value to hit $30 billion within 10 years
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. 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…
Read more at Yahoo Sports

