BREAKING: Josh Kushner and Bob Iger are buying the Los Angeles Lakers for a record $12 billion. This marks the highest price ever paid for a professional sports franchise.
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BREAKING: Josh Kushner and Bob Iger are buying the Los Angeles Lakers for a record $12 billion. This marks the highest price ever paid for a professional sports franchise.
· 47K Views
@KobeissiLetter Take a quick minute away from your busy work schedule to check out this mindset question. Let's see if you agree with Grok's psychological breakdown: x.com/i/status/208752476443262…
@KobeissiLetter Lakers for $12B? That’s not a team, it’s a whole economy.
@KobeissiLetter absolutely INSANE did not expect this
@KobeissiLetter That’s the largest deal ever. I cannot believe the lakers are more valuable than the Dodgers…
A $12B price isn’t just a bet on a basketball team. It’s a bet that live sports remain one of the few things people still watch in real time, which makes the rights, sponsorships, and global brand unusually scarce. That scarcity is why franchise values can detach from normal “what does this team earn this year?” math.
@KobeissiLetter Well, that’s just insane.. how much profit does the LA laker make a year?
@KobeissiLetter Jews jews jews . They love controlling and manipulating the black culture . Its like playing the game on easy mode for them .
@KobeissiLetter $12 billion for the Lakers would be an absolutely staggering valuation. 🏀💰 The NBA’s biggest franchises continue to prove just how valuable elite sports brands have become. 📈
@KobeissiLetter You know it’s big news is the kobeissi letter is a reporting it haha
@KobeissiLetter The Lakers just proved again: in sports, the brand can be bigger than the business. $12 BILLION is insane. 🏀🔥
@KobeissiLetter At $12B, this is barely a sports story anymore. The real asset is decades of attention, distribution and cultural relevance that can’t be recreated from scratch.
@KobeissiLetter That last line is absolutely incredible for basketball and the NBA. x.com/ES_sportsnews/status/208…
@KobeissiLetter scarcity of live sports is unmatched, real world culture premium