Dream pursuit: Bass family business philosophy is too cautious now the Lakers will become a more dangerous team
12:25pm, 27 June 2025Basketball

June 22 According to previous reports, the Bass family is about to reach an agreement with TWGGlobal CEO and Chairman Mark Walter to sell most of the Lakers' equity, with a transaction valuation of about $10 billion. Today’s Dream Chasing talked about this on his podcast, and he believes the Lakers will become a more dangerous team.
Zhongmeng believes that although the Bass family is rich, its resources seem more limited than the owners of other NBA teams, so they are often cautious in their operations. He said: "When I saw the Lakers sell to Mark Walter for $10 billion, do you know what I think? I said, 'Oh, my goodness, this makes the Lakers dangerous.'"
"The only factor that restricted the Lakers in the past... According to the wealth standards of NBA team owners, the Jenny Bass and the Bass family were once one of the least wealthy families. They had the core asset of the Lakers, but this was almost their only source of income. When that was your only source of income, the operation method would be different, and you would inevitably be more cautious in doing things." Zhumeng said.
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