Deal Financing & Stack
Enterprise Value ($B)
$12.50B
Debt Financing Tranche (%)
20.0%
Josh Kushner (Thrive Capital) Stake (%)
55.0%
Share of overall franchise valuation
Bob Iger Consortium Stake (%)
25.0%
Share of overall franchise valuation
Retained/Other LP Equity (%)
0.0%
Auto-computed remainder to reach 100% total stack
Operations & Media Rights Growth
Annual Franchise Revenue ($M)
$1,050 M
5-Yr Projected Annual Growth (%)
8.0%
Target Exit Rev Multiple
12.5x
Implied Revenue Multiple
11.9x
EV / $1,050M Base Rev
Kushner Equity Cash
$6.88B
55.0% total franchise
Iger Equity Cash
$3.13B
25.0% total franchise
5-Yr Projected EV
$18.37B
Proj. 5-Yr IRR: ~7.9%
Capitalization Stack & Equity Waterfall Breakdown
Live D3 / SVG ChartHistorical NBA Landmark Transactions Comparison
| Franchise & Deal | Enterprise Value | Implied Rev Multiple | Valuation Delta vs Lakers |
|---|
| Growth Scenario | Year 5 Revenue | 10.0x Exit EV | 12.5x Exit EV | 15.0x Exit EV |
|---|