From Showtime to Insurance Time: how the LA Lakers became a $12.5bn hedge fund play
Bob Iger and Josh Kushner’s $12.5bn bid to buy the Lakers shows that NBA teams are no longer family dynasties, but quick flips for private equity sharks For years, the NBA was built on the alliance of patient money and marketing pizzazz, and no team captured that curious mixture better than the Los Angeles Lakers. Through Showtime in the 1980s and the dominance of the Shaq-Kobe years, the Lakers became the benchmark for a league and a sport intent on global conquest: charismatic, ambitious, and…
The Guardian
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Signal breakdown
CurrentWire ranked this story 68.1 of 100 in the snapshot this page was rendered from.
- Freshness
- 30.1 of 35
- Source authority
- 14 of 20
- Coverage breadth
- 4 of 20
- Geographic relevance
- 10 of 10
- Story prominence
- 10 of 10
- Velocity
- 0 of 5
Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
Filed under Sports · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: NBA (4), Insurance Time (none), LA Lakers (none).
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