Bob Iger and Josh Kushner to acquire Lakers for record $12.5 billion

Ex-Disney chief Bob Iger and financier Josh Kushner have reached an agreement to purchase the Los Angeles Lakers in a landmark $12.5 billion transaction, which is currently awaiting league authorization. This acquisition marks the conclusion of the Buss family's long-standing ownership, exceeding the previous $10 billion valuation from last year. The deal establishes a fresh record for sports teams in North America as Luka Dončić prepares to spearhead the franchise's upcoming era.

by shortkt.com
4 hours ago
Bob Iger and Josh Kushner to acquire Lakers for record $12.5 billion | ShortKT