Lakers Sold for Record $12.5B to Kushner and Iger, Mark Walter Exits
The Los Angeles Lakers have been sold for a record $12.5 billion to Josh Kushner and Bob Iger, ending Mark Walter’s brief tenure as owner and awaiting NBA board approval. The deal preserves Jeanie Buss’s governance role for years to come. On the court, Luka Dončić is set to lead a retooled roster after LeBron James’s departure, with new signings intended to restore the franchise’s title contention.