Lakers Sold for Record $12.5B | California News

The Lakers are getting a record-breaking $12.5 billion makeover as Josh Kushner and Bob Iger take over, making it the largest sports franchise sale ever. After a whirlwind year that included Luka Dončić’s trade to LA and Mark Walter’s $10B buyout, the team is poised for fresh leadership — with Luka embracing the change and Magic Johnson enthusiastically endorsing the new owners. With Kushner’s Heat stake and Iger’s Disney pedigree, this duo brings serious experience to the NBA’s most storied franchise. 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/4c1e6204371ecfee