Lakers land record $12.5B sale in a weekend frenzy
TL;DR
Los Angeles Lakers agreed to sell a controlling stake for $12.5 billion in a weekend, potentially the most expensive sports-team deal ever, to Josh Kushner and Bob Iger; NBA approval is needed, and the move signals a rapid franchise transition as it rebuilds post-LeBron, with Magic Johnson backing the buyers.
- Done in a weekend - the $12.5bn LA Lakers sale that shocked the NBA BBC
- Lakers sold at $12.5 billion valuation: NBA execs, agents react ESPN
- Can Bob Iger Bring the Magic Back to the Los Angeles Lakers? Bloomberg.com
- How Bob Iger and Joshua Kushner’s Bromance Led Them to Lakers The New York Times
- Lakers Owner, Swiftie, Trump-in-Law: Who Is Josh Kushner? nymag.com
Want the full story? Read the original reporting
Read on BBC