The Lakers Spring is here
2:41pm, 26 June 2025Basketball
The Lakers sold most of the team's equity for $10 billion, and Mark Walter became the new owner of the Lakers. The Lakers' change of boss this time is undoubtedly a great thing for the Lakers.
First of all, Walter is a financial giant with strong financial resources. As the CEO and chairman of TWG Global, he has a net worth of over 10 billion yuan. After he takes over the Lakers, the team's funding restrictions on signings and contract renewals are expected to be eased. The new boss may make the Lakers more bold in pursuing big-name stars in the free market.
Secondly, Walter is more professional in management. Walter has built an efficient team with the Dodgers. He focuses on results and only asks "how to win" and will not blindly command. In contrast, the Lakers in the Bass family era had internal friction problems. Walter's management style is expected to simplify the Lakers' management, reduce internal friction, and improve decision-making efficiency.
Once again, in terms of resource integration and optimization, Walter owns shares in multiple teams. He bought stakes in the WNBA Los Angeles Sparks as early as 2014, and also holds part of the equity of Cadillac F1 team. Now that we have three Los Angeles teams (Dodgers, Sparks, Lakers), local linkage, fan interaction, advertising and sponsorship can be integrated and optimized, which will help enhance the team's commercial value and brand influence.
Finally, Walter has rich connections and can help the Lakers establish smoother connections with the management of other teams. In the past, Lakers' management often faced obstacles in the trading market due to Pelinka's historical problems. As a "big guy", Walter's reputation and connections can make the Lakers more likely to reach the bosses and decision makers of other teams, making the transaction easier and more flexible.
In short, it is a good thing for the Lakers to replace their bosses, and the spring of the Lakers is here.
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