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Los Angeles Lakers being sold for blockbuster $12.5B deal to businessmen Kushner, Iger: reports

World2026-08-12

Los Angeles Lakers logo.

The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year. This sale agreement is $12.5 billion US, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity Wednesday because neither side revealed specific details.

Source: CBC

The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.

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