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Shams: Jenny s two bosses circle friends, Cuban & Grosbeck has also sold teams in recent years
3:18am, 20 June 2025【Basketball】
June 19, according to previous reports, the Bass family is about to reach an agreement with Mark Walter, CEO and chairman of TWG Global, to sell most of the Lakers' equity, with a transaction valuation of about $10 billion.
ESPN famous reporter Shams wrote in a related news article: "Before the conclusion of this acquisition agreement, the two closest close friends in the NBA boss circle who had a personal relationship with Jenny Buss had sold teams in the past two years:
Mark Cuban sold a majority stake in the Dallas Mavericks for $3.5 billion in 2023, and Weiss Grosbeck sold the Boston Celtics for $6.1 billion about three months ago."
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