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@DeItaone WHAT!!

@DeItaone Anyone Could’ve predicted that

@DeItaone lol LA Lakers are worth that much?

@DeItaone That’s the largest NBA deal ever. Crazy

@DeItaone Do disney owns the lakers now

@DeItaone Looks like those Spider-Man profits just hit Bob’s bank account 😂

@DeItaone 12亿买湖人真够疯的，可老巴斯家族卖得这么干脆，怕是早算准了转播合同和球市的天花板，赌城扩军才是后手

@DeItaone this seems relatively cheap..

@DeItaone Did the lakers just get flipped

@DeItaone Didn’t know that they were even for sale.

@DeItaone 👆 You’ll remember this moment

@DeItaone "kush ee"

A $12B tag on the Lakers is a signal that top sports franchises are now treated like blue chip infrastructure. The buyer mix of a media exec and a financier says they expect the league's global reach to keep compounding. That valuation is less about current cash flows and more about what the next decade of media rights deals will bring. Watch for how this pressure spreads to other major team sales.

@DeItaone Oh wow 🤯

@DeItaone “everything is for sale at the right price.”

@DeItaone Gross

@DeItaone LeBron heard something was cooking in LA and dipped before the kitchen got hot

@DeItaone The Lakers valuation is playing in a league of its own.

@DeItaone $12b for the lakers is iger buying optionality on the next NBA media cycle, not a basketball team. private capital still pays 20x for scarce IP while public RSNs burn.

@DeItaone This is also inflationary as higher ticket prices and concessions are going to continue to rise and price out the true fan. This is probably the worst change as you will have to get used to watching the Kardashians at NBA games rather than attending