Ross Williams discusses financial shifts in NBA ownership

Ross Williams, a private-equity attorney, reflects on changes in NBA ownership since Jerry Buss acquired the Lakers in 1979 for $67.5 million. He notes that the franchise is now valued at $12.5 billion, emphasizing that owners are increasingly viewing teams as sound financial investments rather than solely for their love of the game. This conversation about the financial viability of franchises comes at a time when the overall of sports investment is evolving. The shift suggests a potential change in how future owners approach their investments, weighing financial returns alongside competitive success.

• 3:26 PMYahoo Sports — “It used to be, ‘Hey, I’m in this for the love of the …