In 2010, Chen Songxiong bought 4.5% of the Lakers shares for 50 million yuan. How much is the value for the sale now?

In the field of sports business, equity trading of NBA teams has always been the focus of attention. In 2010, Chen Songxiong bought 4.5% of the Lakers' shares for US$50 million and became the team's small boss. This investment seemed to be full of risks at the time. However, with the acceleration of the pace of the NBA's globalization and the increase in the value of the league's business, this investment has become extremely valuable now. As the richest Chinese in the United States at that time, Chen Songxiong had a net worth of more than 7.1 billion US dollars. He made extraordinary achievements in the field of medicine and held more than 30 patents. Chen Songxiong is only a successful business person and a loyal Lakers fan. He bought the Lakers season ticket for the entire 25 years and has a deep friendship with Lakers stars such as Kobe, Magic, and O'Neal. In 2010, the Magic decided to sell his 4.5% stake in the Lakers due to investment needs, and he spent a total of $10 million to buy these shares. In the end, Chen Songxiong seized this rare opportunity and took over the shares for US$50 million.

With the acceleration of the pace of NBA globalization, the team's market value continues to rise. By 2024, according to Forbes statistics, the Lakers' market value has reached $7.1 billion, second only to the Warriors and the Knicks. This growth reflects the NBA's success in commercial operations and the Lakers' commercial value as the league's top giants.

By 2025, the Bass family sold the Lakers to Mark Walter for a sky-high price of $10 billion. This super giant changed hands again after 46 years. Based on the Lakers' $10 billion market value, Chen Songxiong's 4.5% stake is worth approximately US$450 million. However, since NBA team shares often have a premium effect in market transactions, if Chen Songxiong chooses to sell his shares at this time, the transaction price may be higher. Compared with the 50 million US dollars at the time of buying, Chen Songxiong's investment achieved nearly 8 times growth after 12 years, with an extremely considerable rate of return. This successful investment not only reflects Chen Songxiong's investment vision, but also reflects the important position and huge potential of the NBA league in the global sports market.

Chen Songxiong's investment story is a classic case in the wave of commercialization in the NBA. From $50 million in 2010 to $450 million today, this investment not only brought generous financial returns to Chen Songxiong, but also witnessed the continued growth of the Lakers' commercial value. For investors who are eager to achieve wealth appreciation in the sports field, Chen Songxiong's experience is undoubtedly an excellent example. In the future, with the further advancement of the NBA's globalization, the Lakers' market value is expected to continue to rise, and Chen Songxiong's investment may also create more wealth myths.