Macro Finance
'Jerry Maguire’ Inspiration on Lakers, Sports Valuations
Bloomberg Markets·August 21, 2026·1 min read
Legendary sports agent Leigh Steinberg discussed unprecedented sports valuations, highlighting the Los Angeles Lakers sale at $12.5 billion. He noted that when he started in 1976, NFL expansion teams cost $16.5 million, compared to recent sales in the billions. Steinberg spoke with Romaine Bostick on 'The Close.'
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