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Magic Johnson bought the Dodgers for 2.2 billion when everyone was screaming that he overpaid, and today the team is worth 8 billion He explains why sports teams are an asset that's almost impossible to lose on Jerry Buss once got the Lakers for 65 million, and recently the... show more

Damir Akaza

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234,791 次观看 • 12 天前 •via X (Twitter)

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Sports teams are among the most durable compounding assets in America. Magic Johnson on why he invests in sports: "When we bought the Dodgers for $2.2 billion, everybody said we overpaid. Now it’s $8 billion." "Dr. Buss bought the Lakers for $65 million. They just sold for $10 billion." "Nobody’s ever going to stop watching sports in America." Earvin Magic Johnson with a16z GP chrislyons

Sports teams are among the most durable compounding assets in America. Magic Johnson on why he invests in sports: "When we bought the Dodgers for $2.2 billion, everybody said we overpaid. Now it’s $8 billion." "Dr. Buss bought the Lakers for $65 million. They just sold for $10 billion." "Nobody’s ever going to stop watching sports in America." Earvin Magic Johnson with a16z GP chrislyons

a16z

163,329 次观看 • 6 个月前

Magic Johnson says buying the LA Sparks for a few million turned into a $300,000,000 WNBA franchise “We were losing money. We thought that someday it would change. We weren't losing a lot of money, but we're comfortable with the loss. We didn't know it was going to turn around like this” “Now the team is worth like $300 million and growing. We only paid a few million for the team and now it's where it is” “But give a lot of the players credit. Women's college basketball took off and that fan base came into the WNBA and started watching that as well. We're still blown away by the growth and where it's going”

Magic Johnson says buying the LA Sparks for a few million turned into a $300,000,000 WNBA franchise “We were losing money. We thought that someday it would change. We weren't losing a lot of money, but we're comfortable with the loss. We didn't know it was going to turn around like this” “Now the team is worth like $300 million and growing. We only paid a few million for the team and now it's where it is” “But give a lot of the players credit. Women's college basketball took off and that fan base came into the WNBA and started watching that as well. We're still blown away by the growth and where it's going”

dank

484,065 次观看 • 1 个月前

mark davis bought the aces for $2 million in 2021 and 4 years later the team is worth ~$310 million — please gtfo my mentions talking about some $35 tickets to a game you’re not going to bro 😭😂

mark davis bought the aces for $2 million in 2021 and 4 years later the team is worth ~$310 million — please gtfo my mentions talking about some $35 tickets to a game you’re not going to bro 😭😂

NAS🦋

675,799 次观看 • 10 个月前

Hes been the team manager of this basketball team for 4 years. He got the news that he was going to be a starter and team captain. The teams reaction is glorious

Hes been the team manager of this basketball team for 4 years. He got the news that he was going to be a starter and team captain. The teams reaction is glorious

Dudes Posting Their W’s

227,186 次观看 • 1 年前

CNN montage of Trump saying he and private donors are going to pay for the ballroom, followed by clips of him lying about the cost: "$250 million... about $300 million... approximately 400 million." Now taxpayers are going to get a bill for $1 billion.

CNN montage of Trump saying he and private donors are going to pay for the ballroom, followed by clips of him lying about the cost: "$250 million... about $300 million... approximately 400 million." Now taxpayers are going to get a bill for $1 billion.

Blue Georgia

750,725 次观看 • 3 个月前

Miami Dolphins owner Stephen Ross told Bloomberg he has received offers worth close to $15 billion for the NFL team. That is nearly 2x more than the team’s most recent valuation (and would be by far the most expensive sports team sale in history).

Miami Dolphins owner Stephen Ross told Bloomberg he has received offers worth close to $15 billion for the NFL team. That is nearly 2x more than the team’s most recent valuation (and would be by far the most expensive sports team sale in history).

Joe Pompliano

404,282 次观看 • 6 个月前

“I bought the land I used to build my company, VODI FASHION HOUSE, for ₦120 million in 2018, and today the land alone is worth ₦2 billion. 😳” — Seyi Vodi

“I bought the land I used to build my company, VODI FASHION HOUSE, for ₦120 million in 2018, and today the land alone is worth ₦2 billion. 😳” — Seyi Vodi

carter🌚

1,046,817 次观看 • 1 个月前

Stephen A. Smith says the Dodgers’ $2 billion payroll is pushing Major League Baseball toward another lockout “The Dodgers are committed to over $2 billion.” “$1.1 billion is deferred money.” “What other team in Major League Baseball can do that?” “That’s why you got a lockout coming.” “That’s why the owners are hell-bent on a salary cap, and the players are hell-bent against it.” “The Dodgers currently have eight players with nine-figure contracts.” “Shohei Ohtani: 10 years, $700 million.” “Mookie Betts: 12 years, $365 million.” “Yoshinobu Yamamoto: 12 years, $325 million.” “This is no joke.” “This is unsustainable for the sport.”

Stephen A. Smith says the Dodgers’ $2 billion payroll is pushing Major League Baseball toward another lockout “The Dodgers are committed to over $2 billion.” “$1.1 billion is deferred money.” “What other team in Major League Baseball can do that?” “That’s why you got a lockout coming.” “That’s why the owners are hell-bent on a salary cap, and the players are hell-bent against it.” “The Dodgers currently have eight players with nine-figure contracts.” “Shohei Ohtani: 10 years, $700 million.” “Mookie Betts: 12 years, $365 million.” “Yoshinobu Yamamoto: 12 years, $325 million.” “This is no joke.” “This is unsustainable for the sport.”

Isaac Bassey

295,925 次观看 • 7 天前

Mark Cuban paid $285,000,000 for the Mavs and everyone called him an idiot. One day of his Yahoo stock covered it “I bought the team in 2000 for $285 million. That was a high number, it was the highest number ever paid for a team. Everybody thought I was an idiot” “I’m on the bus right after I bought the team, and the deal hadn’t closed with Yahoo yet, so I still had a bunch of Yahoo stock. And they’re like, ‘Why did you pay so much?’” “And I brought up the stock price. This is when internet stocks were going crazy. It had gone up like $50 that day” “I said, ‘See that? That paid for the whole team’ One day. I didn’t stress it”

Mark Cuban paid $285,000,000 for the Mavs and everyone called him an idiot. One day of his Yahoo stock covered it “I bought the team in 2000 for $285 million. That was a high number, it was the highest number ever paid for a team. Everybody thought I was an idiot” “I’m on the bus right after I bought the team, and the deal hadn’t closed with Yahoo yet, so I still had a bunch of Yahoo stock. And they’re like, ‘Why did you pay so much?’” “And I brought up the stock price. This is when internet stocks were going crazy. It had gone up like $50 that day” “I said, ‘See that? That paid for the whole team’ One day. I didn’t stress it”

katsu

907,596 次观看 • 18 天前

Bill Ackman on how he made $2.5 billion by hedging and shorting stocks during March 2020 Worth a listen "There was a massive storm coming. We could see the storm, but everyone else was playing on a beach. We bought a credit default swap on the index, and over a 10 day period, we bought about $74 billion notional of this insurance. It cost us only $27 million. 10 days later, it became worth $2.6 billion. We took that money in March 2020 with the market down 30% and bought stocks"

Bill Ackman on how he made $2.5 billion by hedging and shorting stocks during March 2020 Worth a listen "There was a massive storm coming. We could see the storm, but everyone else was playing on a beach. We bought a credit default swap on the index, and over a 10 day period, we bought about $74 billion notional of this insurance. It cost us only $27 million. 10 days later, it became worth $2.6 billion. We took that money in March 2020 with the market down 30% and bought stocks"

Boring_Business

841,772 次观看 • 3 个月前

Paul Singer sued Elon Musk to collect a debt from Argentina - he bought it for $117 million and the country refused to pay him back the country paid him back $2.4 billion after 15 years of war - and here he is explaining it like it was nothing "by refusing to pay us, Argentina is losing billions of dollars per year... over 10 years, 70, 80, 90 billion" he seized an Argentine navy warship with sailors still on board - and went after the presidential plane 92% of bondholders accepted pennies, but Singer refused and fought for 15 years until they paid $2.4 billion in full "we could settle this thing in an afternoon" he did the same to Peru - $11 million turned into $58 million - and Congo - he has never lost to a country borrowed $1.3 million from friends and family - today he runs $73 billion bookmark & watch ↓

Paul Singer sued Elon Musk to collect a debt from Argentina - he bought it for $117 million and the country refused to pay him back the country paid him back $2.4 billion after 15 years of war - and here he is explaining it like it was nothing "by refusing to pay us, Argentina is losing billions of dollars per year... over 10 years, 70, 80, 90 billion" he seized an Argentine navy warship with sailors still on board - and went after the presidential plane 92% of bondholders accepted pennies, but Singer refused and fought for 15 years until they paid $2.4 billion in full "we could settle this thing in an afternoon" he did the same to Peru - $11 million turned into $58 million - and Congo - he has never lost to a country borrowed $1.3 million from friends and family - today he runs $73 billion bookmark & watch ↓

bodila

808,012 次观看 • 25 天前

The only team that valued LeBron James was the lakers and Jeanie Buss!!! And he took that for granted.. LeBron has had no value for years now and other teams are showing that right now! The league is forcing him out 😂😂, like bruh stop stat padding, retire already. You have no value!

The only team that valued LeBron James was the lakers and Jeanie Buss!!! And he took that for granted.. LeBron has had no value for years now and other teams are showing that right now! The league is forcing him out 😂😂, like bruh stop stat padding, retire already. You have no value!

MambaRomeo

43,997 次观看 • 1 个月前

Phillip: We're talking about Trump in 2024, bringing in $600 million from his businesses. And the very next year, the only thing that's changed is he suddenly is president. And that jumps to $2.2 billion. That's not being a good businessman.

Phillip: We're talking about Trump in 2024, bringing in $600 million from his businesses. And the very next year, the only thing that's changed is he suddenly is president. And that jumps to $2.2 billion. That's not being a good businessman.

Acyn

120,199 次观看 • 1 个月前

Rick Ross reveals he bought his Star Island mansion for $35 million and it's already worth $97 million "I bought a mansion on Miami Star Island, the most exclusive island in South Florida. Right now I'm 50 million in. I purchased it for 35 million, put another 15 to 20 in it" "And right now on paper it's worth 97 plus million" "So many billionaires on that island. Ken Griffin is one, and he's not known to negotiate. From my understanding he'd love to purchase the whole island"

Rick Ross reveals he bought his Star Island mansion for $35 million and it's already worth $97 million "I bought a mansion on Miami Star Island, the most exclusive island in South Florida. Right now I'm 50 million in. I purchased it for 35 million, put another 15 to 20 in it" "And right now on paper it's worth 97 plus million" "So many billionaires on that island. Ken Griffin is one, and he's not known to negotiate. From my understanding he'd love to purchase the whole island"

sara

386,335 次观看 • 1 个月前

Bill Ackman told the story of Donald Bren - the 27th richest man in America that almost nobody has heard of he bought a fifth of Orange County for $337 million, one deal, 40 years - Forbes says he's worth $15 billion, Ackman says "Forbes is wrong, my guess is closer to $30 billion" "one way to find a great business is look in the Forbes 400 and see where people made their money" "we bought 25% of General Growth in 2008 for $60 million - it filed for bankruptcy - investors made a 100-fold return" Bren's edge was one strategy for 40 years - now strategies generate faster with AI - check the post below ↓

Bill Ackman told the story of Donald Bren - the 27th richest man in America that almost nobody has heard of he bought a fifth of Orange County for $337 million, one deal, 40 years - Forbes says he's worth $15 billion, Ackman says "Forbes is wrong, my guess is closer to $30 billion" "one way to find a great business is look in the Forbes 400 and see where people made their money" "we bought 25% of General Growth in 2008 for $60 million - it filed for bankruptcy - investors made a 100-fold return" Bren's edge was one strategy for 40 years - now strategies generate faster with AI - check the post below ↓

Сarm1ne

404,540 次观看 • 2 个月前

The Carney 'good deal' "And the price tag for that was $6.4 billion, which means the US split under this side deal could be worth a maximum of $320 million over 15 years." "So that's about $21 million a year on average to get this bridge to open."

The Carney 'good deal' "And the price tag for that was $6.4 billion, which means the US split under this side deal could be worth a maximum of $320 million over 15 years." "So that's about $21 million a year on average to get this bridge to open."

cbcwatcher

14,397 次观看 • 18 天前

Mwengi Mutuse: During the Presidential debate, Rigathi Gachagua did declare that he was worth 800 million. We are aware that he is paid slightly over 1 million meaning that for the last 2 years, the much he could have accumulated justly is about 24 million. I will demonstrate before Kenyans that he has properties to himself worth Ksh 5.2 billion. This is what we call unexplained assets

Mwengi Mutuse: During the Presidential debate, Rigathi Gachagua did declare that he was worth 800 million. We are aware that he is paid slightly over 1 million meaning that for the last 2 years, the much he could have accumulated justly is about 24 million. I will demonstrate before Kenyans that he has properties to himself worth Ksh 5.2 billion. This is what we call unexplained assets

Citizen TV Kenya

236,526 次观看 • 1 年前

Somewhere, an NFL owner is going to see the Lakers’ $10 billion valuation and eventually decide to make a similar move. The #Seahawks have long been viewed as a team that could go up for sale in the near future. From today's episode:

Somewhere, an NFL owner is going to see the Lakers’ $10 billion valuation and eventually decide to make a similar move. The #Seahawks have long been viewed as a team that could go up for sale in the near future. From today's episode:

Ari Meirov

128,603 次观看 • 1 年前

In 1998 Shaquille O'Neal had a $40 million deal with Reebok. Then a mother stopped him outside an arena and changed everything. She was furious. Told him he was charging kids too much for his shoes. Shag pulled $2,000 from his pocket and tried to hand it to her. She smacked it away. "Why don't you make a shoe that's affordable?" That same day Shaq called Reebok. Told them to keep the $40 million. Walked away completely. Then he went to Walmart and created his own shoe line priced at $19 to $29. Everyone said it would never work. He has now sold over $10 billion worth of affordable shoes. Roughly one million pairs every single month. But the story doesn't end there. While building his shoe empire Shaq became the second largest individual shareholder in Authentic Brands Group, the company that owns Reebok, Forever 21, Brooks Brothers, Sports Illustrated and over 50 other global brands valued at $20 billion. In 2022 ABG bought Reebok for $2.5 billion. Shaq came back as President of Basketball Operations. Since his return Reebok revenue has grown from $1.6 billion to $5 billion. He didn't just walk away from Reebok. He came back 25 years later and helped rebuild it into a $5 billion brand. Net worth today, $500 million. Annual income in retirement $95 million a year. More than triple what he made at the peak of his playing career.

BILLIONAIRE UNIVERSITY®

846,401 次观看 • 3 个月前

Barack Obama has become filthy rich, Megyn Kelly says his net worth doesn’t make sense “He did 2 terms as president and off of that he's made himself over $100 million, almost $100 million, probably over. To be honest, we don't know all of the earnings - The Obamas reportedly own luxury properties - A home in Martha's Vineyard estimated to be worth some $20 million bucks - An addition to properties in Washington, D.C. reportedly bought for$8.1 million - A beachfront home in Hawaii reportedly bought for $8.7 million - A home bought in Chicago for $1.65 million “Public reports estimate that that is their net worth parlayed on the back of Barack Obama's 14 years of holding political office. He did not spend 50 years in government service. He did a stint in the Illinois state Senate. He did a couple years in the US Senate before he ran for office and won” Officially Barack Obama’s net worth is said to be $70 million but Megyn Kelly and many others believe the real number to be over $100 million+ because not all his income is reported

Barack Obama has become filthy rich, Megyn Kelly says his net worth doesn’t make sense “He did 2 terms as president and off of that he's made himself over $100 million, almost $100 million, probably over. To be honest, we don't know all of the earnings - The Obamas reportedly own luxury properties - A home in Martha's Vineyard estimated to be worth some $20 million bucks - An addition to properties in Washington, D.C. reportedly bought for$8.1 million - A beachfront home in Hawaii reportedly bought for $8.7 million - A home bought in Chicago for $1.65 million “Public reports estimate that that is their net worth parlayed on the back of Barack Obama's 14 years of holding political office. He did not spend 50 years in government service. He did a stint in the Illinois state Senate. He did a couple years in the US Senate before he ran for office and won” Officially Barack Obama’s net worth is said to be $70 million but Megyn Kelly and many others believe the real number to be over $100 million+ because not all his income is reported

Wall Street Apes

1,295,819 次观看 • 1 年前