JJ-Sports > Basketball > Dave McMenamin: The Bass family has no additional income except the Lakers...

Dave McMenamin: The Bass family has no additional income except the Lakers...

Dave McMenamin: The Bass family has no additional income except the Lakers to support the Lakers.

Although the city of Los Angeles has brought certain natural advantages, it is still difficult to find it in today's alliance environment where money is spending money.

The Lakers have been able to barely keep up with the pace of other NBA teams in recent years mainly because of their 20-year $3 billion broadcast contract signed with Spectrum, which is far higher than the broadcast revenue of other teams in the league.

But relying on a recessional regional sports television network as the main source of funding is destined to be a risky long-term strategy.

Although the salary cap has increased significantly year by year, the Lakers are still a profitable team in recent years. But in the current NBA, the Lakers, who are relatively tight in funds, are gradually unable to do financially.

#Bass family transfers majority equity of Lakers for 10 billion#

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