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[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 …
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12 PM4 PM8 PMAug 13now · 6:02 AM
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Not to mention an expansion team, by definition, has no history and prestige. When you're with your other ultra-wealthy buddies, being the owner of the Lakers carries far more prestige and bragging rights than the Las Vegas Luxors or whatever the fuck they'd be called.
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I think it was that when he bought the Clips he could have bought the rest of the league at market valuation too. I don't think he was ever richer than than the other 29 owners combined and he definitely couldn't buy the rest of the league at these valuations