Officially speaking, the LA Lakers are ranked as the NBA’s second most valuable team, according to Forbes magazine.
With other U.S. major sports lacking in numbers, pro basketball has seen a growth spurt that continues to outpace the NFL, MLB, and the MLH.
Owned by the Jerry Buss Family Trusts and Philip Anschutz, the Los Angeles Lakers are worth $3,700,000. In comparison to the last two years, the growth is up about 12%. Current revenue, $395,000,000. Operating income tallied up to $147million.
Can anyone guess who’s the number one earning player in that team? Well, if you guessed LeBron James, you guessed right. Not only is LeBron securing the bag at $53.7 million, but his endorsement deals of $53 million says he gets paid on and off the court.