wco81 wrote:Norm2953 wrote:We're all hopeful whoever the new owner is will be a sports enthusiast but $10 Billion for the Lakers is a big
number. Blazers will be lucky to be sold for a third of that
Windhorst said that the entity buying the Lakers is backed by Abu Dhabi sovereign wealth fund. NBA is not suppose to allow sovereign wealth funds to buy a controlling interest in a team.
This guy Walter is just a front man for oil money it appears.
I thought foreign entities are entitled to purchase a minority interest in a team, perhaps 20%
I'm wondering if Portland or perhaps an expansion team in Seattle would have a minority Asian investor in the end