The Lakers completed the sale! A full $10 billion! Break the world record

10 billion US dollars! The Lakers changed hands and set a global record for professional sports team transactions. The 46-year Lakers dynasty of the Bass family officially ended. From Jerry Bass bought $67.5 million in 1979 to Jenny Bass selling $10 billion. Behind this number is a family legend and the end of an era.

No one expected this team with 17 championships The Purple and Gold Army will change hands at such a sky-high price in 2025. What outsiders don't know is that when Mark Walter takes control of the Lakers, he is not only acquiring a team, but also continuing a legend. What is the truth!

01

In 1979, Jerry Bass bought the Los Angeles Lakers from Jack Kent Cook for $67.5 million. At that time, Bass . He was a businessman who dared to take risks. He not only bought the Lakers, but also the Los Angeles Kings, the Los Angeles Forum Arena and a 13,000-acre ranch. The deal seemed almost crazy at the time. But Bass saw the future.

The Lakers at that time were not yet the bright purple gold army today. After Bass took over, he immediately began his reconstruction plan. The Magician made an appointment with him. The arrival of Hanson became the starting point of the Lakers dynasty. He won five championships in the 1980s. The Lakers began to occupy an important position in the NBA territory. Bass's vision was already revealed at that time.

Jerry Bass was not only a businessman, but also a passionate boss. In 1994, he transferred 4.5% of the Lakers shares to the Magician. The Magician only paid $10 million. Movement reflects his gratitude to the heroes and also shows his pattern. Under the management of Bass, the Lakers are not only a team, but also a brand and a culture.

02

The arrival of Kobe in 1996 has become another important node in Lakers' history. From 1996 to 2010, Kobe brought 5 more championships to the Lakers. The Lakers' brand value is in this process But on February 18, 2013, the death of Jerry Bass marked the end of an era. He transferred the ownership of the Lakers to the Bass family trust fund and handed it over to six children.

Jenny Bass became the Lakers' management representative. But the Bass family clashed with control of the Lakers. The differences between brothers and sisters made the Lakers fall into Internal turmoil. In 2017, all parties reached an agreement. Jenny Bass served as the control owner and ended the fight. But the inheritance of the family business has always plagued the Bass family.

2020. James and Davis led the team to win the 17th championship in team history. This championship is both a tribute to Kobe and a pride of the Bass family. But as the NBA valuation soars, the Lakers' value The price also rose. This year, Forbes' valuation of the Lakers was US$7.1 billion. However, the actual transaction price reached US$10 billion. Such a premium shows the true value of the Lakers brand.

03

Mark Walter is not a sudden buyer. As early as 2021, he bought 27% of the team's shares from the second shareholder of Lakers Anschutz. This acquisition is the result of his many years of layout. As TWG Global CEO and Chairman. Walter already owns Los Angeles Dodgers, Premier League Chelsea Club and other giant teams. His sports empire is expanding.

Magic Johnson expressed support for the acquisition. He wrote, 'About Mark. I can tell you! He pursues victory and excellence. Do everything the right way. He will put in whatever resources you need to win! 'As Walter's business partner, the Magician's words are convincing. Over the past 12 years, Walter has led Dodgers to win 2 World Series titles and 11 NL West District champion.

Faced with outside doubts, Jenny Bass chose to trust. She and Walter have a real friendship. They can trust him completely. The magician said, 'I told my sister Jenny. Her father Dr. Bass will be proud of her. Because the Lakers sold 10 billion! 'This evaluation is both an affirmation of Jenny and an approval of this transaction.

04

The Lakers are now standing at a new starting point. After Walter takes over, Jenny Bass will still serve as the team's board representative and continue to take charge of the team's operations. Attend league meetings according to NBA regulations The team holding representative must hold at least 15% of the team's shares. The shares retained by the Bass family just meet this requirement. Such an arrangement not only ensures inheritance and introduces new resources.

In the past three years, many NBA bosses have cashed out at high prices. Cuban and Jordan have both chosen to leave. Why do these bosses sell the team? Maybe it is because the NBA's valuation has reached a high point. Maybe it is because they want to cash out and invest in other fields. But for the Lakers, this change of ownership may be a new beginning.

Guggenheim Partners Company managed by Walter. The asset scale exceeds US$300 billion. Such financial resources provide strong guarantees for the future of the Lakers. The star James has the last year's player options. What operations will the new boss complete this summer! These are all worth looking forward to. The Lakers' future may be more brilliant than the Bass era.

Maybe this is the meaning of inheritance. Maybe this is the law of business. From 67.5 million to 10 billion. The Bass family took 46 years to build the Lakers into the world's most valuable sports brand. Walter's takeover is a new chapter in this legendary story. The times are changing. But the Lakers' spirit will never change. The glory of the Purple Gold Dynasty. Will continue under the leadership of the new boss.

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