The Los Angeles Lakers—the NBA’s crown jewel—are changing hands in the biggest sports sale ever. But why now? Because Jeanie Buss just orchestrated the perfect exit strategy, with timing so precise, even Brian Windhorst had to tip his hat.
As Windhorst explained on his podcast: “The Celtics just sold and reset the market at $6 billion…that’s the number you’re going to see across the globe.” That seismic shift created the perfect storm for the Buss family to cash out at an unprecedented $10 billion valuation. With Mark Walter—the Dodgers owner whose Guggenheim group already held 27%—poised to take majority control, Jeanie secured what Windhorst called the crucial precedent: “Shams says that Jeanie Buss will remain the governor. We’ll see how long that’ll be the case.”
The financial calculus, as Windhorst laid bare, makes this a masterstroke: “The Lakers roughly made as much in one week of the season as the Grizzlies did for the whole year off their media deal.” That Spectrum TV cash cow, combined with not owning their arena as Windy expanded, “Steve Ballmer wanted his own arena with the Clippers because they didn’t own it either,” meant this was the ideal moment to sell.
Walter gets the keys to basketball’s most iconic franchise. Jeanie preserves her governance role. And the Buss family? They just turned Showtime into the greatest exit in sports history—with Windhorst’s analysis proving why the numbers always have the final say.
ongoing story…
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