Fmr. NBA Executive: Lakers a ‘Special Asset’ in Sports

Bobby Sharma, founder and managing partner at Bluestone Equity Partners, said the Los Angeles Lakers' $12.5 billion valuation reflects the team's status as a global intellectual property asset. Sharma made the comments during a Bloomberg interview discussing broader trends in sports ownership and investment. The Lakers valuation was completed in 2024 as part of a broader ownership transition. Sharma noted the team operates beyond a local market model, which he said supports the valuation level.

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