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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.
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110 sats \ 1 reply \ @Cje95 OP 18 Jun
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
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40 sats \ 0 replies \ @Bell_curve 19 Jun
in 1979
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80 sats \ 2 replies \ @grayruby 18 Jun
No just market value. Coke would have paid out dividends too but probably not as much.
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50 sats \ 1 reply \ @Cje95 OP 18 Jun
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
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0 sats \ 0 replies \ @grayruby 18 Jun
That’s a good deal then.
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