Jenny will continue to manage the Lakers! Famous reporter: This is different from Cuban s situation, non-verbal commitment and guaranteed

June 19 According to previous reports, the Bass family is about to reach an agreement with Mark Walter, CEO and chairman of TWG Global, to sell most of the Lakers' equity, with a transaction valuation of about $10 billion. Jenny Buss will not only continue to serve as the Lakers' board representative, but will also continue to take charge of the team's operations for at least a few years.

According to the follow-up of Lakers' team reporter Rodrigo Azurmendi, "Jenny will continue to serve as the team manager because the Bass family retains 15% of the shares, which just meets the minimum threshold stipulated by the league. Therefore, the situation of this transaction is not the same as that of Cuban. This seems to be written into a formal agreement, rather than a verbal commitment. Walter also agreed to this clause."

ESPN famous reporter Ramona Shelburne also added: "This transaction will be different from the way Cuban sells the Mavericks. It is a guaranteed arrangement, and since Walter purchased a minority stake in the Lakers in 2021 and obtained the right of first refusal, all this has been a pre-set part, and over the past decade, they have established a solid relationship."