Lakers Sold for $12.5 Billion | California News

The Lakers just got a $12.5 billion makeover—Joshua Kushner and Bob Iger are taking the reins, doubling the team’s value in under a year. Meanwhile, Mark Walter, who bought the Lakers for $10 billion last year, is now facing a federal probe into his business dealings. With iconic history and new ownership, the future of the Lakers is suddenly hotter than ever. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b402e62764a1f820