AA-Sport > Basketball > Lake Record: The existing shares of the Lakers cannot be inherited! Some of the 6 people will become 5 people when they die.
Lake Record: The existing shares of the Lakers cannot be inherited! Some of the 6 people will become 5 people when they die.
June 19, According to famous reporter Shams, the source revealed that the Bass family is about to reach an agreement with TWGGlobal CEO and Chairman Mark Richard Walter (born January 1, 1960) to sell most of the Lakers' equity at a valuation of 10 billion US dollars.
According to follow-up reports by Lakers reporter Dan Woike, since Jerry Bass passed away in 2013, the ownership of the Lakers has been transferred to the Bass Family Trust, with Jenny Bass serving as the team's management representative. Due to the arrangement of the trust structure, most of the six children of Bass of the elderly can only promote the sale.
Moreover, the shares in the trust fund cannot be inherited. If someone dies, six will become five, four, three... Since four of the six are already over 60 years old, the above restrictions have also become one of the driving forces for sale (monetize, and then freely dispose of them).
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