OT: Lakers $10B sale question

[Fishy]

Can someone help me understand how long the ROI takes on a $10 billion dollar sports team investment/purchase?

I'm curious to know how 'richer' does someone get paying $10b (assuming leveraged financing) as well as how long to break even.

Any theories or otherwise?

Lakers sale for $10B

If you bought the Giants in 1952, it’s an investment.

If you bought the Lakers in 2025, it’s a vanity play.

 

[temery]

Can someone help me understand how long the ROI takes on a $10 billion dollar sports team investment/purchase?

I'm curious to know how 'richer' does someone get paying $10b (assuming leveraged financing) as well as how long to break even.

Any theories or otherwise?

Lakers sale for $10B

The owner gets to keep the coins that fell behind the chairs, and all unclaimed lost and found items.

 

[BlueJayFan]

Has he given some sort of rationale for that?

From what I’ve heard it’s a combination of the principle of not paying for ‘amateur sports’ and the distaste with the way things have become in college athletics, as well as not seeing any meaningful ROI on the money.

The latter point I disagree with as I see being a killer athletic school is fantastic for visibility in the 21st century, but I can’t disagree with the former.

 

[bendm]

But the nba finals ratings are down, it’s a failing league, derpppp