According the ESPN's Ramona Shelburne, the Los Angeles Lakers have sold for $12.5-billion dollars.
The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN.
Kushner and Iger were involved in the expansion process in Las Vegas, but a stunning turn, they pivoted to make an…
— Ramona Shelburne (@ramonashelburne) August 12, 2026
Jason & John talked about the Lakers news this morning on 92.9 FM ESPN's J&J Show:
The Los Angeles Lakers record-setting $12.5 billion deal to an ownership group led by Josh Kushner and former Disney CEO Bob Iger is pending NBA approval. The sale marks the highest price ever paid for a U.S. professional sports franchise and ends another chapter in the storied history of one of basketball's most iconic teams. The Lakers' global brand, championship tradition, and star power helped drive the unprecedented valuation. New ownership has pledged to build on the franchise's legacy while keeping the focus on winning championships and maintaining the Lakers' worldwide prestige.
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New ownership group includes Josh Kushner and former Disney CEO Bob Iger
New ownership group includes Josh Kushner and former Disney CEO Bob Iger
