Lakers Sold for Record $12.5B | Sydney News

Josh Kushner and Bob Iger are set to shatter sports history with a $12.5 billion buyout of the Los Angeles Lakers — the biggest ever for a U.S. team. What started as a Vegas expansion probe turned into a lightning-fast deal in just days, underscoring how valuable top franchises have become amid soaring media rights. For Iger, a longtime NBA media titan, owning the Lakers feels like acquiring the Mona Lisa — his dream finally realized. Despite Mark Walter’s recent federal scrutiny after buying the team for $10 billion just a year ago, Jeanie Buss will remain governor. Magic Johnson praised the new owners, calling them perfect for L.A., and believes they’ll bring glory back to the 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/a2a082ca7adf4f14