Business

Lakers Sold for Record $12.5 Billion

Updated 2026-08-12 20:40 UTC 1 source Neutral

The Los Angeles Lakers have been sold to a consortium including Josh Kushner and Bob Iger for a record-breaking $12.5 billion. The sale is a landmark deal in the North American sports franchise market.

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Al Jazeera

Josh Kushner, Bob Iger, buying Los Angeles Lakers for record $12.5bn

Billionaire Mark Walter's sale of the NBA's Lakers is a record-breaking valuation for a North American sports franchise.

2026-08-12 20:04 UTC