The Lakers sold it! 10 billion transaction valuation! An era is over!

The NBA Finals has no traffic? The NBA Finals' ratings are terrible?

It doesn't matter.

Let the Lakers give the league a "whole big job"!

Wake up, big news.

Shams: The Bass family agreed to sell most of the Lakers' equity to Mark Walter, CEO and co-chair of TWG Global, a multinational conglomerate holding company.

sold the majority stake in the Los Angeles Lakers at a historic valuation of about $10 billion.

Let’s first talk about an economic concept: transaction valuation and final transaction price may be two different things.

Value is a theoretical evaluation of the intrinsic value of the target asset, and the transaction price is the price determined by the buyer and seller when the actual transaction is reached.

But no matter what, it will be the highest transaction price record for professional sports teams in the world.

The Lakers were the NBA's golden signboard? Capital will not lie, this is the best manifestation...

For comparison, the Celtics are 6.1 billion, the Mavericks are 3.5 billion, the Suns are 4 billion, and the Timberwolves are 1.5 billion.

You should know that the familiar Staples Arena is not the Bass family, which means that the Lakers are worth so much money, not including the transfer of the Staples.

According to reports, Jenny Buss will continue to serve as honorary chairman of the team as part of the transfer agreement.

She will continue to manage the team for at least a few years and has received support from Walter's authority, while the Bass family still owns 15% of the Lakers.

In other words, Aunt Jenny and Cuban are still different. The former can also participate in the team's management in depth. She will still represent the Lakers to attend the NBA board of directors and participate in the voting and decision-making of major league affairs.

And Cuban, the team traded Doncic, and he had no choice because he had no right to do anything.

The big boss has changed, which means: an era for the Lakers is truly over. The era of the Bath family is over and a new era is about to usher in.

In 1979, Jerry Bass bought the Lakers from Jack Kent Cook for $67.5 million, and after his death in 2013, the team's ownership was passed to his children.

has been in charge of the Lakers for 46 years, and this team has become the most successful club in the basketball league in the world.

11 won the championship and produced 6 regular season MVPs (Magician 3 times, Jabbar, O'Neal, Kobe), with a winning rate of 60.4%, and 301 wins in the playoffs. These four data are the first in the league in the same period.

In the process of NBA globalization, the Los Angeles Lakers of the Bass family made outstanding contributions to the league.

So don't always ask, why does the Purple and Gold Legion always attract stars, and how does it seem that they have special treatment?

The Lakers have made outstanding historical contributions to the development of the NBA, a large company.

Nowadays, bosses can make so much money, and to some extent, they have to thank the Los Angeles Lakers.

From Magician to OK combination, it has changed the NBA's ecology.

Then another question is: Why sell it?

is very simple, come out at the top.

1. James is about to retire and tour.

2. The alliance has just signed a new broadcast agreement.

Finally, let’s talk about the new boss of the Lakers. Mark Walter, CEO and Chairman of TWG Global, has become a minority shareholder of the Lakers as early as 2021.

In addition, he also has rich experience in sports investment, and his assets include MLB's Los Angeles Dodgers, WNBA's Los Angeles Sparks, Billy Jane Cup, Cadillac F1 Team and Professional Women's Hockey League.

He holds about 12% of the shares of BlueCo, a Clearlake capital holding company established to acquire Chelsea. This can be discussed with Liverpool's minority shareholder James.

He is willing to invest heavily in the introduction of players. Shohei Otani's 10-year, $700 million historical contract was made by this boss, and he has won two championships since 2012.

To put it more, Shohei Otani has a 10-year USD of 700 million US dollars, which is the highest total salary contract for a single contract for North American sports, and the highest total price in the history of world sports.

Therefore, the Magician will praise: "Walter is the best guardian of the Lakers! You will understand when you see him leading the Dodges to win two World Series championships!"

Lakers fans don't have to worry about the enthusiasm and ability of this new boss.

After all, a popular comment on the United States is:

"Does he know the NBA have a salary cap?"