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'Jerry Maguire’ Inspiration on Lakers, Sports Valuations

Leigh Steinberg, legendary sports agent and founder of the Leigh Steinberg Foundation, spoke about the unprecedented valuations in the sports industry, highlighting the ongoing Los Angeles Lakers sale currently valued at $12.5 billion. He emphasized the dramatic increase in franchise values over the decades, noting that when he started in 1976, NFL expansion teams were purchased for $16.5…

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

Read the original at bloomberg.com →

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