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2026-08-13T16:07:54.964Z

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Iran and US accuse each other over Strait control

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European stocks fall as rate hike expectations ease

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22 Hrs2026-08-13T18:07:18.370Z
European stocks fall as rate hike expectations ease
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Iger and Kushner Acquire Lakers for $12.5B

Iger and Kushner Acquire Lakers for $12.5B

Investors Joshua Kushner and Bob Eiger have acquired the Los Angeles Lakers, one of the most famous American basketball teams, in a record-breaking deal worth $12.5 billion. This reflects a 25% increase in the team's value compared to the previous acquisition by Mark Walter, which was valued at $10 billion. The deal is still pending approval from the NBA Board of Governors and the completion of due diligence procedures. It comes as part of new investment strategies for Eiger and Kushner, who both have extensive experience in sports and media sectors. Prominent sports figures welcome the idea, with expectations of restoring the team to championship-level performance. There is significant interest in approving the deal and affirming their ongoing investment in the team based in Los Angeles.

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