The post MLS’ Newest Billionaire Owner Thinks Investors Can Do Better Than Buying A Sports Team appeared on BitcoinEthereumNews.com.
When the Buss family sold a majority stake in the NBA’s Los Angeles Lakers last year to private equity billionaire Mark Walter at a $10 billion valuation, it appeared to be a spectacular windfall for a franchise the late Jerry Buss bought in 1979 for $67.5 million. But in the context of a half-century of a booming economy, that performance isn’t so remarkable, billionaire wealth advisor Peter Mallouk points out. The compound annualized return of the Lakers investment comes out to 11.5%, compared with 12.4% for the S&P 500 Index from 1979 to 2025 (including dividends)—meaning the same $67.5 million could have instead grown to $16 billion, even if it wouldn’t have come with the thrill of courtside seats to the Showtime Lakers and 11 NBA championship celebrations. “If you were evaluating it purely as investment,” says Mallouk, the 56-year-old CEO of Overland
The post Should The New York Knicks Sign LeBron James? appeared on BitcoinEthereumNews.com.
LOS ANGELES, CALIFORNIA – MARCH 06: LeBron James #23 of the Los Angeles Lakers handles the ball defended by Josh Hart #3 of the New York Knicks during the first half at Crypto.com Arena on March 06, 2025 in Los Angeles, California. (Photo by Meg Oliphant/Getty Images) Getty Images In July of 2010 the sports world waited for a decision. When that decision was made the vast majority of people were enraged while only a few walked away from the television smiling. That decision made by LeBron James during his first round of free agency has reigned on as a monumental moment in the sports world. It doesn’t carry the same amount of gravitas this time around, but it is still a consequential decision that could change the trajectory of a lucky franchise. Those franchises were listed on a whiteboard during the “Game Over” podcast with Rich Paul. On the show, Max Kellerman and Paul went over the different
The post Celtics’ Jaylen Brown Trade Is Symptomatic Of A Larger Problem For The NBA appeared on BitcoinEthereumNews.com.
Boston, MA – July 6: Boston Celtics principal owner Bill Chisholm and president of basketball operations Brad Stevens address the media on July 6, 2026. (Photo by Matthew J. Lee/The Boston Globe via Getty Images) Boston Globe via Getty Images Boston Celtics president of basketball operations Brad Stevens and team governor Bill Chisholm met with reporters on Monday to discuss their perspective on their controversial decision to trade Jaylen Brown to the Philadelphia 76ers. Stevens was quick to point to the NBA’s collective bargaining agreement as the justification for the move. “When I looked at our team and where the league was heading, looked at the way that we’ve finished the last couple years and also looked at the unbelievable way we’ve played in the regular season in the last couple years, the path looked a little bit more challenging to me,” he said. “I might b
The post NBA Execs ‘Think’ Cleveland Is Most ‘Compelling’ Landing Spot For LeBron James appeared on BitcoinEthereumNews.com.
CLEVELAND, OH – MAY 23: LeBron James #23 of the Cleveland Cavaliers reacts to a call in the fourth quarter against the Boston Celtics during Game Four of the 2017 NBA Eastern Conference Finals at Quicken Loans Arena on May 23, 2017 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Gregory Shamus/Getty Images) Getty Images NBA executives believe LeBron James is coming home. They “think” the Cleveland Cavaliers are the most “compelling” situation for the 41-year-old legend after he reportedly narrowed his list to three teams: the Cavaliers, Miami Heat and Philadelphia 76ers. James recently informed the L.A. Lakers that he will be moving on from that franchise beginning next season. “The league real
Vozinha's potential move to Inter Miami highlights MLS's growing appeal and could boost Cabo Verde's global sports recognition.
The post Inter Miami in talks to sign Cabo Verde goalkeeper Vozinha after World Cup heroics appeared first on Crypto Briefing.
The USMNT's early exit highlights missed opportunities in digital revenue streams, potentially benefiting MLS and neighboring federations.
The post USMNT’s 4-1 World Cup loss to Belgium exposes US soccer’s crypto revenue gap appeared first on Crypto Briefing.
This transfer highlights MLS's growing role in global soccer markets, potentially reshaping its player development and sales strategies.
The post LA Galaxy sell Gabriel Pec to Cruzeiro for club-record $12M fee appeared first on Crypto Briefing.
The post LeBron James Leaves Lakers as Prediction Markets Wager Millions on His Next NBA Home appeared on BitcoinEthereumNews.com.
Key Takeaways LeBron James left the Lakers in July 2026 after eight seasons, ending his tenure there. Kalshi prices a Cleveland return at 55%, with $70.7 million wagered on his next team. Polymarket has Cleveland at 59% odds ahead of an October 31, 2026 market deadline. The four-time NBA champion ended an eight-year run with the Lakers this month, closing out a Los Angeles chapter that began in 2018 and included a championship in the pandemic-shortened 2020 season. At 41, James is now weighing his 24th NBA season without a team. Money is moving fast on Polymarket and Kalshi, the two largest crypto-native prediction market platforms, where traders are pricing in a return to Cleveland over any other destination. Both markets let users buy shares tied to a specific outcome, with prices shifting as new information and trading volume move the odds. That structur
LeBron James has told the Los Angeles Lakers he will not return, and prediction market bettors are already betting big on where he lands next. The four-time NBA champion ended an eight-year run with the Lakers this month, closing out a Los Angeles chapter that began in 2018 and included a championship in the pandemic-shortened […]
