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Josh Kushner, Bob Iger to buy Lakers for $12.5B in stunner
The Los Angeles Lakers are being sold to venture capitalist Josh Kushner and former Disney CEO Bob Iger for a record $12.5 billion, according to multiple reports. The shocking sale comes less than a year after Mark Walter bought the NBA team from the Buss family for $10 billion. Kushner and Iger had previously been linked to Las Vegas expansion efforts. The two released a statement Wednesday announcing the deal — but not the terms — and lauding the Lakers as "one of the most iconic sports franchises in the world."
The Los Angeles Lakers are set to change ownership once again, with venture capitalist Josh Kushner and former Disney CEO Bob Iger agreeing to acquire the NBA franchise for a record $12.5 billion. The deal would establish the highest valuation ever recorded...
