Lakers Sold for Record $12.5B | Chicago News

The Lakers just hit a new record—selling for $12.5 billion to Josh Kushner and Bob Iger, smashing the previous mark set by Mark Walter just a year ago. This isn’t just a cash grab; it’s a strategic leap into owning NBA royalty, with Magic Johnson already praising the duo as championship-caliber owners. With federal scrutiny looming over Walter’s empire and the NBA board still needing approval, this deal could reshape the franchise’s future—and set a new standard for sports team valuations across America. 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/a50f884865538cdd