New Lakers owners reportedly telling investors they expect team’s value to hit $30 billion within 10 years

A group led by Joshua Kushner and Bob Iger made history by buying the Los Angeles Lakers for a record $12.5 billion last month. That is the highest price anyone has ever paid for a professional sports team, in any sport.

That number is small potatoes compared to what Kushner and Iger reportedly think the team could be worth a decade from now.

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The new Lakers ownership group is telling potential investors the team’s value could reach at least $30 billion by the end of 2037, according to a copy of a presentation reviewed by the Wall Street Journal. The presentation was prepared by Kushner’s Thrive Capital investment firm.

That valuation is apparently dependent on the assumption that the Laker’s television and streaming rights double in value over the same span of time. The group reportedly said the Lakers are on track to make $681 million in revenue in 2026, but could hit at least $1.6 billion a decade from now.

And should conditions turn out even more favorable, they reportedly project a long-term valuation of $62 billion.

These Lakers numbers are… something

For perspective, a $30 billion valuation is larger than the most recent Sportico valuations of the Portland Trail Blazers, Minnesota Timberwolves, Orlando Magic, Detroit Pistons, Charlotte Hornets, New Orleans Pelicans and Memphis Grizzlies combined.

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To reach $62 billion, you can add the Denver Nuggets, Washington Wizards, Indiana Pacers, Milwaukee Bucks, San Antonio Spurs, Indiana Thunder and Utah Jazz.

It is, of course, not surprising that the people who just bought the Lakers are saying the team will soon be worth nearly three times what they paid. In fairness to them, the Lakers were projected to be worth $3 billion in 2016, so that number has theoretically quadrupled in the past decade.

To get there, Thrive Capital has a few ideas for changes the Lakers can make. They will probably not be popular with fans.

The presentation reportedly said the team can produce $150 million in incremental revenue by 2028, which would partially come by reclaiming around 6,000 broker-held season tickets and make them single-game tickets, raising the…

Source link : https://sports.yahoo.com/nba/article/new-lakers-owners-reportedly-telling-investors-they-expect-teams-value-to-hit-30-billion-within-10-years-002616859.html

Author : Jack Baer

Publish date : 2026-09-19 00:26:00

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