How Much Does It Cost to Own the Lakers? Or, How to Become a Billionaire with a Basketball Team
So, you want to own the Lakers, huh? Well, buckle up, because this isn't your average garage sale. We're talking about a franchise that’s practically a religion in Los Angeles. Let’s break down the cost of this heavenly purchase.
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| How Much Does The Los Angeles Lakers Cost |
The Price Tag: More Than a Pretty Penny
First off, let's get the obvious out of the way: it's expensive. Like, really expensive. When the Buss family sold a controlling stake in the Lakers in 2021, it fetched a cool $5 billion. That’s enough to buy a small country, or a really, really big yacht. Or both. But hey, who needs a yacht when you own the Lakers, right?
QuickTip: Keep going — the next point may connect.
More Than Just the Team
Buying the Lakers isn’t just about the players. You’re also buying:
Tip: Read mindfully — avoid distractions.
- The Staples Center (or whatever they rename it): That's a hefty chunk of change on its own.
- The Lakers' rich history: You're buying the legacy of Magic, Kareem, Kobe, and Shaq. That’s priceless, but it definitely factors into the valuation.
- The Lakers' fanbase: Millions of passionate fans are part of the deal. That’s a lot of jersey sales.
The Return on Investment (ROI): Hoops Dreams and Dollar Signs
Now, you might be thinking, “Okay, so it’s expensive, but it’s an investment.” And you’re right. The Lakers are a cash cow. With a massive fanbase, lucrative TV deals, and the potential for championships, the ROI can be huge. But remember, basketball is a fickle business. Injuries, trades, and unexpected upsets can impact your bottom line.
QuickTip: Focus on one line if it feels important.
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How to Become the Next Lakers Owner (Probably Not)
Okay, so you’re convinced. You want to buy the Lakers. But how?
QuickTip: Skim fast, then return for detail.
- Win the Lottery: This is the most common method, right? Just kidding.
- Become a Billionaire: This is more realistic, but still pretty tough.
- Inherit a Fortune: This is the preferred method of many fictional sports owners.
- Develop a Time Machine: Go back to the early days of the NBA and buy the team for peanuts.
How-To Questions for Aspiring Lakers Owners
How to calculate the net worth required to buy the Lakers? Consult a financial advisor.How to negotiate with the NBA for team ownership? Hire a very, very good lawyer.How to handle the pressure of owning a legendary franchise? Probably therapy.How to balance the demands of ownership with enjoying the game? Find a good general manager.How to avoid becoming a meme? Be careful what you tweet.
So, there you have it. Owning the Lakers is a dream for many, but the reality is a bit more complex. Unless you're feeling lucky, you might want to stick to buying Lakers jerseys.
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