pull down to refresh

50 sats \ 5 replies \ @SimpleStacker 18 Jun \ parent \ on: Buss Family Agrees to Sell Lakers Majority to Mark Walter at $10 bil Valuation Stacker_Sports
Does that include all the profits taken by the family over the years, though?
Still, even in terms of just buy/sale price, it seems pretty low all things considered.
write
preview
110 sats \ 1 reply \ @Cje95 OP 23h
My understanding is this is a $10 bil at market value right now so you ignore the 46 previous years. Plus the Lakers Buss only spent $16 mil on... $33.5 for the Forum and $8 mil for the LA Kings
reply
40 sats \ 0 replies \ @Bell_curve 20h
in 1979
reply
80 sats \ 2 replies \ @grayruby 23h
No just market value. Coke would have paid out dividends too but probably not as much.
reply
50 sats \ 1 reply \ @Cje95 OP 23h
Well and actually the Lakers themselves were bought for just $16 million. When Buss bought them it was 33.5 for the Forum 16 for the Lakers and 8 for the Kings
reply
0 sats \ 0 replies \ @grayruby 23h
That’s a good deal then.
reply