Lakers Sold for $12.5 Billion | Los Angeles Lakers News

The Lakers are changing hands again—Mark Walter, who bought the team for $10 billion last year, is selling it for a jaw-dropping $12.5 billion to Bob Iger and Josh Kushner. The deal came out of nowhere after Iger and Kushner, eyeing a Vegas expansion team that was getting too expensive, struck up a surprise conversation with Walter—who wasn’t planning to sell but couldn’t resist the record-breaking offer. With whispers of financial troubles at Walter’s other ventures, this fast exit might be more than just a windfall. Now, Iger and Kushner become the Lakers’ third ownership group since the Buss family, raising questions: Will they overhaul the roster or honor Walter’s progress? Only time will tell. 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/0948a078bd00ef73