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Los Angeles Lakers to be sold for record $12.5 billion
Businessmen Josh Kushner and Bob Iger have reached an agreement to purchase a controlling interest in the Los Angeles Lakers from Mark Walter. The transaction is valued at approximately $12.5 billion, setting a new record for the sale of a North American professional sports franchise.
This sale marks the second ownership change for the Lakers in less than a year, following Walter’s $10 billion acquisition of the team from the Buss family in October 2025. Reports suggest that Walter’s decision to sell may be linked to financial and regulatory pressures involving his business empire, including inquiries by federal prosecutors and the SEC.
The deal, which was reportedly assembled in just three days, remains subject to approval from the NBA Board of Governors. While the Lakers change hands, Mark Walter is expected to retain ownership of the Los Angeles Dodgers. The new ownership group has expressed a long-term commitment to the franchise and its community.
Entities
Bob Iger · Josh Kushner · Los Angeles Lakers · Mark Walter · NBA
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The sale price for the franchise is more than $12 billion.
- [● 2 SOURCES] The U.S. Attorney’s Office in Manhattan and the SEC are investigating Walter’s firm regarding $16 billion in loans.
- [● 2 SOURCES] Josh Kushner leads the investment firm Thrive Capital.
- [○ 1 SOURCE] The transaction would be the highest price ever paid for a North American sports club.
- [● 3 SOURCES] An investment group led by Josh Kushner and Bob Iger has agreed to purchase the Los Angeles Lakers.
- [● 2 SOURCES] The sale is subject to approval by the NBA leadership.
- [● 30 SOURCES] Mark Walter is selling the team less than a year after acquiring a controlling interest. sportbild.bild.de · www.aftenposten.no · www.sportingnews.com · nuevolaredo.tv · www.faz.net · +8 more
- [● 2 SOURCES] Bob Iger is the former CEO of Disney.
- [● 8 SOURCES] Bob Iger previously served as the CEO of Disney. nuevolaredo.tv · www.faz.net · sportbild.bild.de · www.dimsumdaily.hk · losangelesweeklytimes.com
- [● 19 SOURCES] Mark Walter is selling his majority stake in the Lakers to the new ownership group. nuevolaredo.tv · sportbild.bild.de · www.aftenposten.no · www.dimsumdaily.hk · losangelesweeklytimes.com · +4 more
- [● 26 SOURCES] Josh Kushner and Bob Iger are purchasing the Los Angeles Lakers in a deal valued at approximately $12 billion. nuevolaredo.tv · sportbild.bild.de · www.aftenposten.no · www.dimsumdaily.hk · losangelesweeklytimes.com · +7 more
- [● 36 SOURCES] The sale price represents a $2 billion increase from the $10 billion valuation when Mark Walter acquired the team last year. nuevolaredo.tv · sportbild.bild.de · www.aftenposten.no · www.dimsumdaily.hk · losangelesweeklytimes.com · +18 more