Lakers to Sell for $12.5bn

The Los Angeles Lakers are set to be sold for a reported record-breaking $12.5 billion to Joshua Kushner and Bob Iger, less than a year after Mark Walter acquired a majority stake. Walter purchased his share from the Buss family, and the NBA approved the deal in October 2025. Kushner and Iger expressed their commitment to leading the franchise and honoring its legacy.

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