When Jerry Buss purchased the Los Angeles Lakers in 1979 for $67.5 million (as part of a package deal that included the Forum and Los Angeles Kings), he stepped into a league in deep turmoil. The NBA was struggling with declining television ratings, a sharp 26% drop in national viewership from the year before, lagging attendance, and a perception that t…
Why DEI and Emerging Markets Are a Recipe for Financial Disaster
