💥Witness history! NBA Board of Governors approves Walter s acquisition of the Lakers! The transaction valuation is approximately 10 billion!

The NBA officially announced today that the NBA Board of Governors unanimously agreed to approve Mark Walter’s acquisition of the Lakers with a majority stake. The transaction is expected to be completed in the near future!

The Buss family will continue to retain part of the equity, and Jenny Buss will continue to serve as the representative of the Lakers board of directors for at least five years after the completion of the transaction.

League President Silver said in an interview: "Mark Walter has a deep connection with our league. He not only held a minority stake in the Lakers for a long time, but also served as the main owner of the WNBA Sparks for more than ten years. As Mark officially becomes the controlling shareholder of the Lakers, given his many successful cases in the business and sports circles, I firmly believe that he will fulfill his duties to protect this legendary team. "At the same time, I would like to express my gratitude and congratulations to Jenny Buss and the Buss family - they have led the team's development with transformational leadership for 46 years. Although this historic transaction has transferred the Buss family's controlling interest in the Lakers, I am very pleased that Jenny will continue to serve as the team president and continue to participate in the league affairs with an active and engaged attitude."

According to previous Shams reports, Walter’s deal to acquire the Lakers is valued at approximately US$10 billion! Will set a global professional sports team record!

Jerry Buss bought the Los Angeles Lakers from Jack Kent Cooke in 1979 for $67.5 million. After his death in 2013, management of the team was passed to his children. In addition, Jenny Buss will still serve as the team's manager for at least the next five years.

💥The deal for Walter’s acquisition of the Lakers is valued at US$10 billion💵A record for a professional sports team

Shams: The Buss family will sell a majority of the Lakers’ shares and Jenny will continue to manage the team

source:Best Web Games