Lakers Buyers Project $30B-$60B Valuation Within 10 Years

Lakers Buyers Project $30B-$60B Valuation Within 10 Years

The incoming majority buyers of the Los Angeles Lakers are projecting the team's valuation could nearly triple within a decade, according to an investor presentation reviewed by The Wall Street Journal. Thrive Capital, led by Joshua Kushner, is circulating the aggressive financial forecasts to prospective investors. Kushner and former Disney CEO Bob Iger led a group that agreed last month to purchase the Lakers from Mark Walter at a $12.5 billion valuation. The presentation outlines plans for i...

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