In one of the most stunning off-court moves of the NBA offseason, billionaire Mark Walter is selling the Lakers to former Disney CEO Bob Iger and Joshua Kushner less than a year after Walter purchased the franchise for himself.
The acquisition marks a startling development for one of the NBA’s most historic franchises and made waves across the Lakers’ fanbase, who will see their beloved team change hands yet again after being previously owned by the Buss family for over four decades.