Bobby Sharma, Founder and Managing Partner at Bluestone Equity Partners, discussed the recent $12.5 billion valuation of the Los Angeles Lakers, highlighting the extraordinary price and the broader trend of sports becoming institutionalized investmen...
Bobby Sharma, Founder and Managing Partner at Bluestone Equity Partners, discussed the recent $12.5 billion valuation of the Los Angeles Lakers, highlighting the extraordinary price and the broader trend of sports becoming institutionalized investment assets. Sharma emphasized that the Lakers represent a unique global intellectual property asset, far beyond a local community team, which justifies a scarcity premium. He speaks with Romaine Bostick & Isabelle Lee on "The Close." (Source: Bloomberg)
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Bloomberg — Markets (EN)