19 Hrs
الاقتصادية
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الاقتصادية

2026-08-26T06:21:13.393Z

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Huawei unveils AI chips in Egypt

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Gold declines after three-month high

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Gold prices in Jordan on August 26 2026

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EU reports first trade deficit since 2023

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Gorgieva: Global economy recovers from energy shock
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Lakers $12.5B Deal Boosts Sports Valuations

Lakers $12.5B Deal Boosts Sports Valuations

The sale of the Los Angeles Lakers team for $12.5 billion has sparked increasing interest in the record-breaking valuations of sports clubs. This reflects the rising demand for rare sports assets amid a flow of artificial intelligence wealth and institutional capital into the sector. This deal is the fastest in the history of sports team sales and highlights how clubs are increasingly regarded as valuable investment assets, with some teams, such as the Clippers and the Pelicans, experiencing significant valuation increases in recent years. This trend supports expectations that team values will continue to rise, driven by more participation from billionaires and institutional investors, despite legal challenges faced by current owners. Experts believe that the wealth generated by the AI boom is one of the factors boosting the attractiveness of sports assets, especially since they are relatively insulated from technological changes, making them relatively stable future investments.

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