After the Lakers sell $10 billion, Jenny Buss will remain as president for at least 5 years

Lakers owner Jenny Buss is likely to continue as the team's president until the 2030-2031 season, which will mark the end of her 50-year career in charge.

The Los Angeles Lakers are about to sell for $10 billion. However, current president Jenny Buss will continue to be responsible for the team's daily operations.

Bass will likely continue to serve as the team president for five more seasons, according to The Athletic's Sam Amike.

"Let's talk about the Lakers first, they were recently sold to Dodgers owner and Lakers minority shareholder Mark Walter for a high price of $10 billion, but for a considerable period of time to come, the team will still be run by long-time boss Jenny Buss," Amik wrote.

"Bass' agreement with Walter and the NBA stipulates that she will continue to serve as the team's manager for at least the next five seasons," said

Bass, the daughter of the late Dr. Jerry Bass, who has been the team's manager since 2013. The Bass family has been in charge of the Lakers since 1979.

Under the leadership of the Bass family, the Lakers won 11 NBA championships (1980, 1982, 1985, 1987, 1988, 2000, 2001, 2002, 2009, 2010, 2020). After the sale is completed, the Lakers plan to do a few things. First, they will work hard to develop Luca Doncic into a superstar who is truly suitable for the team. In addition, they have LeBron James, who signed a $52.6 million contract to play for another season.

Financially, Walter is seeking to splurge, just as he did when he took over the Dodgers. So he wanted to take advantage of the Dodgers' strategy in the trade and free agent markets. In addition, they may also consider investing in management and player development.

No matter what, the situation will not be the same.

Bass family and the Lakers

In many ways, without the Bass family, the Lakers would not be the Lakers now. It would be unusual for the Lakers to take the helm without the Bass family.

To some extent, it's like the Yankees don't have the Stanbrenners at the helm.

Although Jenny Bass will be involved, it undoubtedly marks the end of an era.