A £9.7 billion ($12.5 billion) agreement for the Los Angeles Lakers is close to completion, according to two people familiar with the negotiations, in what would become the most expensive sale in North American sports history.
The deal would see Disney veteran Bob Iger and billionaire venture capitalist Josh Kushner take control of the franchise from Mark Walter, less than a year after he acquired majority ownership from the Buss family in a then record-breaking deal valued at about £7.8 billion ($10 billion).
