Lakers Announce Plans to Diversify Portfolio, Consider Investing in Actual Lakes
In a surprising turn of events, the Los Angeles Lakers, one of the most successful franchises in the NBA, have announced their plans to diversify their portfolio. The new investment strategy? Actual lakes.
The Lakers Take on Nature Investment
Known for their prowess on the basketball court, the Lakers are now venturing into unchartered waters (no pun intended) by contemplating investments in the real estate sector, specifically in lake properties. This decision follows the recent trend among sports franchises of investing in various non-sports sectors.
Why Lakes?
The Lakers’ management cited the increasing value of waterfront properties and the potential for eco-tourism as major drivers behind their unexpected decision. As climate change becomes a more pressing issue, the preservation and valorization of natural resources is becoming increasingly important.
A New Era for the Lakers
This move signals a new era for the Lakers, as they look to expand their influence beyond the basketball court and into the realm of environmental stewardship and real estate. With this bold move, the Lakers are not just diversifying their portfolio but also making a statement about their commitment to environmentally sustainable practices.