The valuation changes hands by 10 billion, the Lakers are more valuable than the Warriors, the Buss family makes a lot of money, which is good for James to compete for the championship

On June 19, before the finals were over, a major and explosive news came from the NBA that the Lakers boss had changed hands. According to the revelation of well-known journalist Shams, the Bass family agreed to sell most of the Lakers' equity at a valuation of $10 billion, while Jenny Bass continued to manage the Lakers in the form of management. The transaction price of US$10 billion has also become the highest transaction record for sports teams around the world.

Who is the new Lakers boss?

If you look at your value alone, although the new Lakers boss Mark Walter is also a billionaire, his personal value is not that outstanding. What is highlighted is the consortium or management company behind him - TWG Global. It is reported that TWG Global has more than $300 billion in funds.

In fact, Mark Walter has always had a lot of investments and operations in the sports industry. He currently has shares in teams such as the Los Angeles Dodgers (Baseball), Los Angeles Sparks (WNBA). Before today's acquisition, he was already the Lakers' small boss, with a 27% stake in the Lakers. In addition, Walter also participated in a well-known acquisition, and he and Burleigh participated in the acquisition of Chelsea club in the Premier League.

It is worth mentioning that before, Walter had a magical operation: to give Los Angeles Dodgers ace player Da Gu Xiangping the largest contract in history of $700 million.

It can be seen that Walter is very keen on sports investment, and this acquisition of most of the shares of the Lakers at a valuation of $10 billion should have been carefully considered.

The Lakers are worthy of being a wealthy family

In the latest Forbes valuation list, the Lakers' valuation is US$7 billion, but the final transaction price is US$10 billion, far greater than the valuation situation given by commercial media. You should know that among the teams that changed hands in the past few years, although the transaction price was premium, it was not as exaggerated as the Lakers: for example, the Celtics also changed hands this year, with the transaction price being 6.1 billion US dollars, while the Celtics' valuation at that time was 6 billion US dollars, and the premium was not much.

And in Forbes' valuation list, the highest valuation of NBA teams is the Warriors' $8.8 billion. It should be pointed out that the Warriors' 8.8 billion valuation includes the value of the home Chase Center, while the Lakers do not have their own appearance. The Lakers' home Staples Center (or Crypto Center) is rented.

In addition, in 2023, the Warriors boss once wanted to sell 10% of his shares at a valuation of US$7 billion (the transaction price was US$700 million), but he couldn't sell it and was rejected by potential buyers because they believed that the valuation was too high. In other words, if the team really wants to sell, the Warriors still can't beat the Lakers, after all, Los Angeles' commercial value is too great.

The Bass family made a profit

Walter acquired the Lakers at a valuation of $10 billion, and the one who made the most money should be the Bass family, the former owner of the Lakers. In 1979, Bass bought the Lakers for only $67.5 million, and has made countless times more money.

According to previous news, the Bass family owns about 66% of the Lakers. After agreeing to sell the Lakers, the Bass family will retain about 15% of the Lakers identity because they want to continue to be in the Lakers as managers. Therefore, the Bass family sold about 50% of the Lakers' shares and was able to get about $5 billion. From 67.5 million to 5 billion, it directly increased by 74 times. The Bass family can be said to have cashed out at a high level.

More importantly, while cashing out at a high level, the Bass family also retained 15% of the Lakers shares, and there may be dividends in the future. It really requires both the present and the future.

对湖人的影响

对于湖人球迷来说，老板易主可能是一个好消息。 As we all know, in recent years, the Lakers have been criticized for spending money. Some people say that Aunt Jenny does not want to make big money or pay a lot of luxury taxes.

Judging from Walter's previous operations, since there is 300 billion yuan in management funds and the Lakers themselves are a team with very profitable power, it can be foreseeable that the Lakers may have a big wave in the offseason this summer, which may not only solve the center problem, but may also create a superstar. Lakers fans may imagine Antetokounmpo or 3J.

Therefore, whether it is for James who has entered the end of his career or Doncic who is entering the peak of his career, changing a boss will help the team win the championship.