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The Economic Times
The Economic Times

Lakers sold for $12.5 billion? Inside the Bob Iger, Joshua Kushner deal that could rewrite sports

Lakers Bob Iger Mark Walter Josh Kushner NBA Buss Disney ESPN Los Angeles the Los Angeles Lakers

The Los Angeles Lakers are set for another stunning change in ownership, with billionaire investor Josh Kushner and former Disney CEO Bob Iger agreeing to buy the NBA franchise for a reported $12.5 billion. ESPN reported the agreement, citing multiple sources.

If completed, the transaction would become the most expensive sale of a professional sports team ever, putting the Lakers at the top of a rapidly escalating market for elite sports franchises.

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