It must be epoch-making. $10 billion. The highest priced team transfer in history.
#The Bass family transfers most equity of the Lakers for 10 billion# is definitely epoch-making. 10 billion US dollars. The highest priced team transfer in history. In 1979, Jerry Bass bought the Los Angeles Lakers for 67.5 million yuan. At that time, the Lakers were in Los Angeles, with only one championship in 1972. The Magicians arrived at the Lakers in the same year. By 2025, the Lakers have 11 more championships in Los Angeles - the Magician and Tiangou five, Kobe five, and the 2020 one. Now is one hundred billion. The most interesting thing I find: On November 19, 2024, Forbes' estimate: Warriors 8.8 billion, Knicks 7.5 billion, Lakers 7.1 billion, and Celtics 6 billion. After the magic of Luca in 2025, the Lakers' value has increased and is now 10 billion. Maybe Nico Harrison is not a fool. Perhaps Luca won the No. 1 pick in the Lakers, Dallas, and the Lakers sold 10 billion, which is related. The new Lakers boss Mark Walter will bring huge changes to the Lakers. On the one hand, he is very good at burning money - he owns the Los Angeles Dodge and smashes Shohei Otani's great contract - so the Lakers' backstage has changed from a self-sufficient family business store to a real capitalist. Someone will say: The NBA has a salary cap, can he burn money to the sky? Ballmer is rich too! Mark Watt is not just burning money. He wasn't the enthusiastic but not very professional boss like Mark Cuban in the early days. He burned money politely and concisely: under his operation, Dodge won the championship. Not only because Walter burned money for the Otani, but also because the Dodgers are generally very professional: scouts, analysis, coaching team, etc. And the Lakers' scouting system is... quite average. So this acquisition will not only be less Bath family ethics dramas in the future, but the Lakers will be behind the more well-managed professional groups, with more professional basketball departments and personnel, and will conduct more professional - from a capital perspective, perhaps more cruel - operations. With Mark Walter's financial and management capabilities: Anyone can come and anyone can leave (except Luca?). But the Lakers will become a less emotional and smoother existence, which should be fine.
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