[Bill Simmons] Kushner/Iger weren’t sure they could get the Vegas expansion team (7.5b range), so they pivoted to buying Walter’s majority Lakers stake (around 78%) for like 9.5b. And got an iconic NBA franchise. Still — most shocking NBA sale in a long time. The Lakers got flipped!
Source: https://imgur.com/a/QFQSlTo
Bill Simmons seems to be reporting specific numbers both for the potential valuation of the Vegas franchise as well as the percentage of Walter’s Lakers stake that other news organizations haven’t reported.