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Lakers Deal Caps Billionaire Rush Into Sports

Bob Iger and Josh Kushner moved from pursuing a Las Vegas NBA expansion team to agreeing within days to buy the Los Angeles Lakers in a record $12.5 billion deal. Bloomberg News Host of Sports City Randall Williams is on Bloomberg This Weekend with hosts Joe Mathieu and Carol Massar and explains that the transaction comes as Madison Square Garden Sports moves toward separating the Knicks and…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Tech workers may be better off selling their company stock

Selling company stock and diversifying could leave tech workers better off, according to a Levels.fyi analysis of Microsoft pay.

  • Experienced Microsoft software engineer could be better off selling stock.
  • Selling stock and investing in S&P 500 could result in $50,000 more.
  • Diversifying investments across various assets is safer and potentially more lucrative.

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