What’s funny is no one is saying minorities and profits are fake. This isn’t Bernie madoff. This isn’t Bruce Mcnall.
he’s used his own money inside his companies. Whatever. He just turned a 2.5 b profit on the lakers overnight. Nice money if you can make it. And good. Get out of soccer. Focus on the dodgers.
Im sure Chelsea. Will bring a nice number. And here’s another crazy idea. I’m willing to bet the dodgers are at least as valuable as the lakers. If he needed to he could sell a 33% stake in them for 4.5 billion and realize
7 billion cash available after the lakers. Still control the dodgers. Not sure what Chelsea is with and how much he owned but perhaps it’s worth a billion.
I think it’s fun to cheer against the dodgers and hope their empire falls but aggressive men build empires and sometimes they need to pull back a bit. Im glad this gives him more time to focus on the dodgers. I didn’t like all his $ and time being spread around