business

Former NBA Executive Calls Lakers a Unique Global Asset in Sports

13 Ağustos 2026Bloomberg

Bobby Sharma, Founder and Managing Partner at Bluestone Equity Partners, recently commented on the Los Angeles Lakers' impressive $12.5 billion valuation. He noted that this valuation reflects a growing trend of sports franchises being viewed as institutional investment assets.
Sharma highlighted the Lakers' status as a unique global intellectual property asset, which contributes to their high market value. His insights were shared during an interview on 'The Close' with Romaine Bostick and Isabelle Lee.
The valuation of sports franchises has been on the rise, with institutional investors increasingly viewing them as lucrative assets. This trend reflects a broader societal shift towards the commercialization of sports and entertainment, where franchises are not only local entities but also global brands with substan…
The valuation of the Lakers at $12.5 billion underscores a significant shift in how sports teams are perceived in the financial landscape. As franchises increasingly attract institutional investors, the implications for team ownership and market dynamics could be profound.

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This article is for informational purposes only and does not constitute financial advice.