Summary
Bloomberg senior reporter Michelle Davis discusses record sports franchise deals, including the reported $12.5 billion sale of the Los Angeles Lakers to Josh Kushner and Bob Iger, the sale of the Seattle Seahawks above $9 billion, and a potential Jeff Bezos minority stake in Liverpool at an $8 billion valuation. The segment highlights surging sports team values and asks where sports investment money may flow next. No explicit public-market trade recommendations are made.
- Josh Kushner and Bob Iger are reportedly buying the Los Angeles Lakers for $12.5 billion.
- The Lakers deal would be the largest ever for a sports team.
- The Seattle Seahawks were just sold in a deal reportedly valued above $9 billion.
- Jeff Bezos and other investors are reportedly close to buying a minority stake in Liverpool Football Club at about $8 billion.
- Sportico's annual US rankings list the Cowboys, Rams, Giants, and Warriors among top franchises.
- The segment emphasizes strong demand and rising valuations across the sports industry.