The Lakers changed hands! A total of $10 billion! The boss only informed Doncic

In the early morning of June 19, according to the NBA famous reporter Shams, the Lakers owner Bass family will sell most of the team's equity, and the Lakers' sales valuation is as high as US$10 billion, which is the highest transaction price for professional sports teams in the world. The new Lakers boss is Mark Walter, CEO and Chairman of TWG Global!

I believe that many fans feel incredible when they see this news: 1. Did the Lakers actually sell it? The Bass era is over; 2. Forbes this year's valuation of the Lakers is $7.1 billion, lower than the Warriors (8.8 billion) and the Knicks (7.5 billion). Everyone did not expect that the Lakers could actually sell at a valuation of $10 billion, which is too exaggerated!

In March this year, the Celtics sold at a valuation of US$6.1 billion, setting a record for the four major North American leagues. Now the Lakers are selling for $10 billion, raising this record a lot and setting a global professional team transaction record. The Magician wrote: "When the Celtics sold 6 billion, I knew the Lakers could be worth 10 billion!"

The new Lakers boss Mark Walter once acquired Premier League giant Chelsea, and he is also the big boss of the Los Angeles Dodgers (baseball) and Los Angeles Sparks (women's basketball). It has been a day or two since Walter wanted to acquire the Lakers. In 2021, he bought 27% of the team's shares from the second Lakers shareholder Anschutz, and this time he bought the remaining shares.

Lakers legend Magic Johnson is the small boss of the Los Angeles Dodgers. He and Mark Walter are old acquaintances. After the Lakers were sold today, the Magician excitedly wrote: "About Mark, I can tell you! He pursues victory and excellence, does everything the right way, and he will invest in any resources needed to win!"

Today the Magician spoke to Jenny Buss, and he always called Jenny sister because Old Bass once regarded the Magician as his son. The magician wrote: "Jenny and Mark have a true friendship and can trust him completely. I told my sister Jenny that her father, Dr. Bath, would be proud of her because the Lakers sold 10 billion!" In 1979, Jerry Bath and his partner spent $67.5 million to buy the Lakers. The Magic led the Lakers to rise again and won five championships in the 1980s. In 1994, Bass transferred 4.5% of the Lakers shares to the Magician, and the Magician only paid $10 million. In 2010, the Magic sold the Lakers shares and raised funds to acquire Dodges.

After the Lakers won Kobe in 1996, they won five more championships. On February 18, 2013, Jerry Bass passed away. He transferred the ownership of the Lakers to the Bass family trust fund and handed over to his six children to manage them, with Jenny Bass serving as the Lakers' management representative. The Lakers completed the sale, and the Bass family still retained 15% of the shares.

Jenny Buss continues to serve as the Lakers' board of directors, and will still be in charge of the team's operations in the next few years, and will sell the remaining shares after completing the transition period. The NBA stipulates that team holding representatives attending league meetings must hold at least 15% of the team's shares. Jenny stayed in office for several years, another reason for letting her employees execute the contract.

The Lakers only notified one player Doncic for sale, but James was not notified. In the past three years, many NBA bosses have cashed out at high prices and left the field to stop playing. The most representative ones are Cuban and Jordan. Why do you think these bosses want to sell the team?