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  1. #2876
    Believe. LeBowen's Avatar
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    Windhorst:

    In late April, TWG Global announced a $15 billion capital raising effort and they wanted to create a fund that they would use to invest in sports. $10 billion of that money was invested by Mubadala Capital. Mubadala is Abu Dhabi. You guys have heard me talk about Abu Dhabi and Abu Dhabi’s deep interest in investing in the NBA and American sport. Mubadala Capital wouldn’t be able to directly buy the Lakers but certainly they couldninvest in something to buy the Lakers. TWG Global has a lot of investors. I’m not saying one piece of money goes to one investment… In their press release from two months ago, they said that they planneed to “build up sizable stakes in a range of sports assets in the years leading up to this investment.” So, they announced a $15 billion raise with $10 billion from Abu Dhabi to invest in sports assets. Two months later, they buy the Lakers for $10 billion. I’m just pointing that out.
    Al-Bron James, tbh.
    Lakers being owned by blood money state is fitting.

  2. #2877
    Veteran LkrFan's Avatar
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    Congrats, Faker fans.

    Was only a matter of time but Buss family finally selling the team to the same ownership group as my Dodgers. League is ed tbh

  3. #2878
    Veteran LkrFan's Avatar
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    She's still governor, so she can still it up
    Yup, just like Marc Cuban

  4. #2879
    Veteran LkrFan's Avatar
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    Big 'Mona Shelburne gonna be out of a job soon tbh

  5. #2880
    Veteran LkrFan's Avatar
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    The Luka trade makes even more sense now.

    Just remember how corrupt things are at the top end of town (government, CEO’s etc.) and it shouldn’t surprise you.
    You make it sound like a bad thing. This is good for the poverty franchises that mooch off of the tax revenue the Lakers generate every year. Don't hate, Celebrate

  6. #2881
    Body Of Work Mr. Body's Avatar
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    So Lakers are now like Man City but with hordes of fans who don't know anything about basketball.

  7. #2882
    Veteran LkrFan's Avatar
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    Windhorst:



    Al-Bron James, tbh.
    Lakers being owned by blood money state is fitting.
    Amerikkka was built on blood son. But it's a problem now? Get real.

  8. #2883
    Believe. LeBowen's Avatar
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    Amerikkka was built on blood son. But it's a problem now? Get real.
    California has the biggest economy out of any state.
    It's also the supposed bastion of democracy with better human rights than the rest of the country.
    Lakers are the most successful sports franchise in the state and the most popular basketball team in the world. Also a franchise that never lacked money.

    And now they've been sold out to goat ers who just happened to stumble upon some oil reserves.
    No more pride nights at the arena, might even ban Magic from it because his son is...whatever you want to call him.

  9. #2884
    Veteran LkrFan's Avatar
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    California has the biggest economy out of any state.
    It's also the supposed bastion of democracy with better human rights than the rest of the country.
    Lakers are the most successful sports franchise in the state and the most popular basketball team in the world. Also a franchise that never lacked money.
    Laker Nation is worldwide, but Jeanie was cash strapped compared to every other team owner. Even small market teams had billionaire ownership groups. Jeanie was worth like $500M which pales in comparison.

    Lakers infrastructure was still in the 1980s. Smallest front office, smallest training staff, analytics staff was pathetic, weak international scouting, etc.

    The advantages of having the most money and the best location for stars to flock to has greatly diminished over the years.

    Mark Walter and his team is aggressive (see the Dodgers turnaround since he took over) so I expect the Lakers to catch up on the Basketball Operations side of team building before too long. Having a competent front office will do wonders for the Lakers tbh.

    And now they've been sold out to goat ers who just happened to stumble upon some oil reserves.
    No more pride nights at the arena, might even ban Magic from it because his son is...whatever you want to call him.

  10. #2885
    Veteran scott's Avatar
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    Windhorst:



    Al-Bron James, tbh.
    Lakers being owned by blood money state is fitting.
    Abu Dhabi piece aside, it's interesting to see ins utional investment (PE Funds) increasingly flow into sports teams. The Spurs have Sixth Street Partners in their cap stack, and Sixth Street also has significant holdings in FC Barcelona, Bay FC and are part of the group that bought the Celtics (which I'm a little surprised doesn't trigger some kind of conflict of interest with the NBA). Sixth Street also invested a cool billion into AirBnB, and AirBnB founder Joe Gebbia came on as a partner in the Spurs following that. Sixth Street also acquired Legends Hospitality, which was started by Jerry Jones and George Steinbrenner to run concessions and merch for stadiums around the country (though I don't think they run concessions for the Frost Bank Center, interestingly enough... that may have changed though).

    More and more, teams are being owned by groups like Sixth Street, TWG, Fenway Sports Group, etc. Will be interesting to see how this impacts the Sports business long term.

  11. #2886
    Believe. TekXX's Avatar
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    Middle east billionaires buying everything vs. American billionaires buying everything, which is worse?

  12. #2887
    Veteran ace3g's Avatar
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  13. #2888
    Veteran scott's Avatar
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    Will we see an entire summer full of talk shows complaining about nepotism like they did for Bronny?

  14. #2889
    Believe. RedAzSa's Avatar
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    Will we see an entire summer full of talk shows complaining about nepotism like they did for Bronny?
    His dad owed him one after giving him such an unfortunate name

  15. #2890
    Body Of Work Mr. Body's Avatar
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    There was a point where like half of the Warriors players were nepo babies.

  16. #2891
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    Nicholas "Nick" Kerr ?

  17. #2892
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    His dad owed him one after giving him such an unfortunate name
    Bronny or are you talking about Nicholas.

  18. #2893
    Veteran scott's Avatar
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    Bronny or are you talking about Nicholas.
    Nick Kerr definitely an unfortunate name

  19. #2894
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    Nick Kerr definitely an unfortunate name
    Yeah, if you use "Nick" it isn't good. I'd be telling people to call me Nicholas, though. I think Nicholas is a good name, but maybe the Kerr's didn't think it through when combining his first and last name.
    Last edited by Ice009; 06-20-2025 at 03:38 AM.

  20. #2895
    Veteran RC_Drunkford's Avatar
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    he was the Spurs video guy back in 2017

  21. #2896
    Don't stop believin' Dex's Avatar
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    Having your son (or family member) as part of your coaching staff doesn't strike me as much as having your son as a player since there are limited spots on the bench and can certainly affect the dynamic of the locker room, especially if that player gets preferential treatment (looking at you, Austin Rivers).

    AFAIK they can have as many assistants as they want but it all still rolls up to the head coach, so why not?

  22. #2897
    Veteran RC_Drunkford's Avatar
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  23. #2898
    Veteran scott's Avatar
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    As posted in another thread:

    For the "Hawks have no way to improve" crowd:

    ATL has a $25MM TPE (the largest in the league) and reports are they intend to use it (Keith Smith, not one to peddle in click bait rumors, says he's heard buzz around the league this week around ATL and this exception). Something to keep an eye on. The Hawks have plenty of room under the tax and apron line to resign Caris Levert and use this TPE. Keith says ATL is a team to watch in the trade market.


    Is this going to be our Offseason Thread for the rest of the league, or should we start up a new one?

  24. #2899
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    Darn, when did they get that trade exception? Can they absorb multiple players in it, or can it only be one player?

  25. #2900
    Veteran mo7888's Avatar
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    As posted in another thread:



    [/COLOR]Is this going to be our Offseason Thread for the rest of the league, or should we start up a new one?
    I'd suggest starting a new one based on the post-season.

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