Backyard Gator said:
For those on this thread who want to understand the tax strategy behind buying a WNBA franchise for $500 million:I've been getting a lot of questions about how billionaires use sports teams to save hundreds of millions of dollars on taxes, so let me explain.
— Joe Pompliano (@JoePompliano) August 13, 2026
Let's use the Lakers as an example.
When the transaction closes, Josh Kushner and Bob Iger will start by allocating 90% or more of… pic.twitter.com/7nHP3B6Fwp
But the value has gone up!!