[News] Buss family selling the Lakers!

[Tetsujin]

https://twitter.com/x/status/1935439586311672219

 

[QWERTYLICIOUS]

Tetsu, are you Mark Walter in disguise?

 

[Tetsujin]

https://twitter.com/x/status/1935440411121828327

 

[iowamcnabb]

Weird

 

[Tetsujin]

Tetsu, are you Mark Walter in disguise?

I wish. It would certainly set my finances at ease.

 

[Tetsujin]

https://twitter.com/x/status/1935444138884800902

TEN BILLION?!!!! Like with a B? eleven figures?!

 

[QWERTYLICIOUS]

I wish. It would certainly set my finances at ease.

It's ok to admit it here; We won't hold it against you!

 

[Mr. S£im Citrus]

https://twitter.com/x/status/1935439586311672219

Worked out great for Cuban. /s

 

[Tetsujin]

I’m not Mark Walter but since Mark Walter is from Iowa that doesn’t rule out @iowamcnabb

 

[Joshyjosh31]

How does he pay 10 billion and Google says his net worth is 6 billion

 

[QWERTYLICIOUS]

How does he pay 10 billion and Google says his net worth is 6 billion

Perhaps because he is not entirely funding the purchase with his personal assets.

 

[Joshyjosh31]

https://twitter.com/x/status/1935448572914450602

 

[pdxKingsFan]

How does he pay 10 billion and Google says his net worth is 6 billion

I know moderately famous people who google says their net worth is X and they die of laughter because they are way off. Unfortunately for them the googles peg them as far wealthier than they actually are.

 

[iowamcnabb]

I’m not Mark Walter but since Mark Walter is from Iowa that doesn’t rule out @iowamcnabb

If I start posting Laker friendly content you’ll know why

 

[QWERTYLICIOUS]

I’m not Mark Walter but since Mark Walter is from Iowa that doesn’t rule out @iowamcnabb

I mean...@iowamcnabb is an Eagles fan so, technically speaking, they have already defected over to the dark side.
Therefore, @iowamcnabb being a closeted Lakers fan wouldn't really surprise me at the end of the day.

 

[iowamcnabb]

The Hoop Collective Pod said the Buss family had all their money tied up in the Lakers, not just a part of their business portfolio like many of the other owners in the league. They have been operating like a “Mom and Pop” business making most of their money off their local tv deal. At one point they made more money off that deal in one week than the Grizzlies did in an entire season. The new owner already owned over 20 percent of the Lakers so the Buss family is selling a bit over 60 percent of their ownership. Now the Lakers have some of the deeper pockets in the Nba. Sam Presti, would you like 100 mil?

 

[pdxKingsFan]

I think Presti's methodology is better served in a small market with kind of a cheapskate owner because they didn't throw away future capital trying to drag any combo of Harden/KD/Russ/George across the finish and let them go ahead of schedule. Only KD walked for nothing. They got multiple firsts for all the others. Meanwhile the Lakers have generational talents fall into their laps and only one Mickey Mouse Coronaleague championship to show for it. They signed Bronny to a guaranteed deal. I think they only completely control one of their next 7 first round picks because somehow that idiot in Dallas gave them Luka for below market. It will likely take them 5-6 years to dig out of the mess they are in if LeBron retires a Laker and Luka re-signs for the max.

 

[Mr. S£im Citrus]

The Hoop Collective Pod said the Buss family had all their money tied up in the Lakers, not just a part of their business portfolio like many of the other owners in the league. They have been operating like a “Mom and Pop” business making most of their money off their local tv deal...

No disrespect to you or the Hoop Collective, but I thought that had been public knowledge for decades?

 

[iowamcnabb]

No disrespect to you or the Hoop Collective, but I thought that had been public knowledge for decades?

That the Buss family didn’t have a diversified business portfolio? Could be, but it wasn’t something I was aware of.