AA-Sport > Basketball > More profitable than selling arms, Jenny Buss sells the Lakers for 10 billion US dollars, and will continue to enjoy management rights
More profitable than selling arms, Jenny Buss sells the Lakers for 10 billion US dollars, and will continue to enjoy management rights
Recently, famous reporter shams broke the news on social media that Lakers boss Jenny Buss will sell most of the team's equity to TWG Global chairman Mark Walter, and the estimated signing amount of the two parties is as high as US$10 billion.
This news immediately attracted attention as soon as it was revealed and became a hot search, not only because of the attention of the Lakers, a giant team, and the future development of the two superstars in the team, James and Doncic, but also the signing amount is too huge. There are quite a few bosses who resell teams in recent years. With the rise in broadcast contracts, players' salaries have risen sharply, and luxury tax has also come with them. Many bosses choose to cash out at the highest point. Most of the sales value is only a few billion US dollars, and some teams only have more than one billion US dollars, and reselling for tens of billion US dollars is indeed incredible.
According to the latest NBA team market value rankings, the Warriors ranked first with US$8.1 billion, the Knicks ranked second, and the Lakers ranked third with US$7 billion. Everyone will be moved by the signing value of $3 billion. Moreover, Walter is rich and has become the second largest shareholder of the Lakers in 21 years with $5 billion. In addition, it is the owner of the Sparks, Dodgers, and the ice hockey and racing teams. He is a true sports fan. Jenny Buss has always been known as the poorest NBA boss. He has no other industry except the Lakers. He is criticized by fans for using scraps to supplement the team, but now he has become the most profitable boss.
Jenny Buss once said that the team will never be sold, but now it is still the other party who gives too much, making it impossible for him to refuse the temptation. I know that this is 10 billion US dollars, which is even more profitable and profitable than selling arms. After all, a fifth-generation aircraft only costs about 100 million US dollars. Jenny Buss still owns a small part of the equity after the sale, and will continue to enjoy the management rights of the team. Such conditions and treatment are probably tempted by everyone. Besides, Jenny Buss can spend another $5 billion to re-acquire or form a new NBA team. No matter how you look at it, it is a sure profit and profit.
The only unclear thing at present is the future development of the Lakers after the new boss takes office, whether to spend money to gamble on James' last two years to win the championship or to make drastic transactions to form a new lineup.
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