Chapter 772: Huang Xinxiang, the richest man in China
"Yes, you can end this incident today, Mr. Buss, whatever I said is valid, including the fact that you Lakers will win a championship once in the last two years, of course, it's because of Big Ben and Kobe." Richard said to old Bass with a smile.
Old Bas sighed, and now he didn't know whether to cry or laugh......
Losing 11% of the equity and then trading the Lakers for a championship is really a good deal?
If this 11% equity can be recovered in the future, it will naturally be cost-effective.
……
However, there is one thing that Old Buss is extremely sure of, it is estimated that after winning the championship this time, the Lakers will definitely have no chance to win the championship before Richard leaves the league......
In other words, the Lakers may not be able to win the championship in the next 30 years.
Richard will not sit idly by and watch the Lakers in the same city rise again, although he may tolerate the Lakers being stronger and creating some topics of rivals in the same city to attract popularity, but Richard will never allow the Lakers to win the championship, that's for sure.
Thinking of this, Old Buss sighed, the Lakers are definitely sitting at home, and disaster comes from the sky.
Well, suddenly Richard came to Los Angeles......
If Richard doesn't come to Los Angeles, even if the Lakers sink for a few years, their popularity will not be affected too much.
……
After hanging up the phone with Richard, Old Bass called Jim Bass directly.
In addition to selling the equity that originally belonged to Bass Jr., Bass Jr. also needs to apologize to Richard three times in a row on three occasions, which must have the cooperation of Bass Jr.
"What? Father, why promise him? After listening to Old Bass's words, Jim Bass jumped to his feet angrily.
Let yourself apologize to Richard in the press, press conferences, and TV media? So where do you put your face?
You know, I'm the one who was beaten, and now I have to apologize to Richard?!
Just apologizing made little Bass completely unacceptable, and there were things that made him even more unacceptable.
"Originally, I was going to divide the equity equally among your six children after I died, but now it seems that I only need to divide it into five shares."
"That's one of Richard's requests, Jim, look at your own stupidity!" Old Bass said with hatred that iron does not become steel.
"The 11% stake you sell will give you half of the cash you get."
Only half? Jim Bass was sluggish, and he was definitely losing a lot of money this time.
Prior to this, in fact, Bass Jr. was quite active in the decision-making level of the Lakers, and he was present in many large transactions of the Lakers, such as the previous Lakers' introduction of O'Neal, which included Buss Jr.
But now, Buss Jr. is equivalent to being completely kicked out of the decision-making level, and no matter what decisions the Lakers make in the future, it will definitely have nothing to do with him.
The most important thing is that the equity that was originally worth about 300 million US dollars can now only get half of it!
He is not an investment genius like Richard, he may have been counting on this equity all his life, and now it is suddenly reduced by half, how can he accept it.
"No way, father, I'm not going to apologize to Richard, please don't sell my shares......" Jim Bass was completely anxious, if he really sold his shares, what would he do for the rest of his life?
Relying on that more than $100 million in cash to eat and wait for death?
Hearing his youngest son's words, Old Bass suddenly became angry and didn't agree?!
Why did you go earlier, if you hadn't provoked Richard before, the Lakers would have fallen into such a situation of internal and external troubles now?!
"Don't agree?! Jim, now is not a matter of whether you promise or not. ”
"You have to say yes, or you won't even get half of the cash!" Old Bass slapped the table and yelled.
This is called a hatred in his heart now, why did he give birth to such a fool......
Jim Bass was yelled at by Old Bass, and the whole person withered.
Old Bass's words completely scared him, if he really didn't give half of the dollars, what would he do for the rest of his life? I don't even have the qualifications to eat and wait for death......
……
Early the next morning, the Los Angeles Times published a statement apologetic from Jim Bass......
Now, Jim Bass has no choice, and in the face of the comfort of the rest of his life, he can only apologize according to Richard's request.
Then, around noon, Jim Bass called a press conference to apologize to Richard again.
In the evening, Jim Bass appeared on a local talk TV show in Los Angeles again, and apologized to Richard again.
Although looking at Jim Bass's expression, it was quite reluctant, but this has apologized three times in a row, who cares if Jim Bass is reluctant......
Many fans are speculating that maybe the Lakers agreed to Richard's request, and Jim Buss's three apologies may be just hors d'oeuvres.
The real feast is yet to come......
While Jim Bass was busy apologizing, the elder Bass naturally couldn't stay idle and began to look for a buyer for the equity.
The Lakers' equity naturally does not have to worry about not being able to sell, and after buying it, it is basically a profitable and loss-making deal, so when Old Bass released in the circle to sell part of the Lakers' equity, the response was like a cloud, squeezing through the threshold of Old Buss's family.
In the end, the 11% stake was not sold to the Lakers' original minority shareholders, but to a wealthy local businessman in Los Angeles.
After Buss Jr.'s talk show ended, the Lakers directly announced on their website that the team had a new shareholder......
The fans were shocked, daring Richard to make such a request, and actually forced the Bass family to sell their shares?!
It is no wonder that Old Bass did not agree to Richard at the beginning, and if it were someone else, I am afraid it would not be possible to agree.
Now that the Bass family is in order, there is only one explanation, they really can't withstand the pressure that Richard exerts on them.
The pressure on the Lakers today is too great, and the situation of internal and external troubles cannot be solved even if God comes out.
……
"Boss, there's news from the Bass family."
"They sold 11% of the equity and sold it to Huang Xinxiang......" After Sun Xiaoben learned the news, he immediately told Richard about it.
Richard was stunned and sold to Huang Xinxiang?!
This Huang Xinxiang, Richard is naturally impossible to be unfamiliar with, in fact, every old Chinese American will not be unfamiliar with this name.
Huang Xinxiang is the richest Chinese in the United States, even if Richard is counted, Huang Xinxiang is still the richest man.
Richard and Huang Xinxiang met once at a dinner party before, and the impression was quite profound.
First of all, Huang Xinxiang is indeed a basketball lover, especially if he likes the Lakers and is a fan of Kobe.
Richard also remembers that under normal circumstances, Huang Xinxiang actually bought a 4.5% stake in the Lakers in 2011.
It's just that this equity was not bought from the Bass family, but from the magician.
It is estimated that many hardcore Lakers fans do not know that there is a Chinese American among the small shareholders of the Lakers.
In 2011, the Lakers' 4.5% stake was about 110 million to 20 million, and after the Lakers' market value soared a few years later, Huang Xinxiang casually earned more than 50 million US dollars......
Now that Huang Xinxiang has acquired a stake in the Lakers, Richard is not too surprised.
Even Richard feels that under normal circumstances, Magic's sale of the Lakers' stake will still happen, and Huang Xinxiang may still accept the 4.5% stake in the Lakers in the hands of the Magic......
In that case, Huang Xinxiang has 15.5% of the Lakers' equity in his hands, which is already more than the equity in the hands of any of the old Buss's children......
Thinking of this, Richard felt that things were getting more and more interesting, and he really didn't expect this to be the case.
caught the Laker Buss family and scolded him, and finally made a wedding dress for another Chinese.