Bob Iger and Josh Kushner Reportedly Acquire Los Angeles Lakers for Record $12.5 Billion

Summary

Bob Iger and Josh Kushner have reportedly acquired the Los Angeles Lakers for a record-breaking $12.5 billion, a 21% increase in valuation in just 14 months. This deal marks the highest price ever paid for a U.S. sports franchise, with the team being sold by Mark Walter, who had purchased a controlling stake from the Buss family just over a year ago.