Billionaires Buy Sports Teams as AI Hedge, Lakers Sold for $12.5B
Global billionaires including former Disney CEO Bob Iger and venture investor Josh Kushner are acquiring stakes in major US sports franchises on 24th and 25th (local time), driving team valuations to record highs. The Los Angeles Lakers sold for $12.5 billion, the San Diego Padres for $3.9 billion,
OliverGrant·9m ago
