Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 266 sources · 3 days · First seen 3 days ago · Last updated about 3 hours ago

Los Angeles Lakers ownership sale

Overview

An investment group led by Bob Iger and Josh Kushner has 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, establishing a new record for the sale of a North American professional sports franchise.

The sale follows Walter’s $10 billion acquisition of the team from the Buss family in October 2025. Reports indicate Walter’s decision to sell may be related to financial and regulatory pressures, including inquiries by the SEC and federal prosecutors. While the Lakers change hands, Walter is expected to retain ownership of the Los Angeles Dodgers.

The deal remains subject to approval from the NBA Board of Governors. Following the acquisition, speculation has surfaced regarding potential leadership changes, with reports suggesting retired player Chris Paul may be considered for a role on the club’s board due to his relationship with Iger.

Entities

Josh Kushner · Los Angeles Lakers · Bob Iger · Thrive Capital · Mark Walter

Timeline

about 3 hours ago

[BUSINESS] 2 sources
Bob Iger and Josh Kushner to buy Los Angeles Lakers for $12.5 billion
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers for a record $12.5 billion, with speculation suggesting Chris Paul could join the club’s leadership.
3 days ago

[SPORTS] 264 sources
Los Angeles Lakers to be sold for record $12.5 billion
Josh Kushner and Bob Iger have agreed to buy the Los Angeles Lakers for a record $12.5 billion from Mark Walter, pending NBA approval.

Sources

1001infos.net · 2001online.com · 24-ore.com · 92q.com · abcnews.al · abola.pt · actualidad.rt.com · aldia.cat · alminuto.mx · americanbazaaronline.com · ascendwrestling.com · atvlive.tv · awfulannouncing.com · az.trend.az · balleralert.com · ballislife.com · basketballforever.com · bavaronews.com · bild.de · bitcoinethereumnews.com · bizlife.rs · blackamericaweb.com · blogdojuca.uol.com.br · bola.liputan6.com · bpmoney.com.br · brand-studio.fortune.com · brasil247.com · brasilemfolhas.com · braziljournal.com · breakingnews.com · breezyscroll.com · breitbart.com · cekfakta.tempo.co · celebitchy.com · chatnewstoday.ca · cinemaBlend.com · cnn.gr · codigoqro.mx · communitynews.com.au · contramuro.com · cpas.fr · craveonline.com · cuestionentrerriana.com.ar · dailycaller.com · dailymail.co.uk · deadlinehollywooddaily.com · delo.si · diario21.com.mx