Los Angeles Lakers Set for Record Sale Worth More Than $12 Billion

12/08/202616:15

Los Angeles Lakers

Josh Kushner and Bob Iger have reportedly made an aggressive offer to purchase the Lakers from Mark Walter after previously being involved in the NBA’s Las Vegas expansion process.

The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record-breaking price of more than $12 billion, multiple sources told ESPN.

Kushner and Iger had been involved in the expansion process in Las Vegas, but in a stunning turn, they pivoted to make an aggressive offer to buy the Lakers from Mark Walter, who purchased a controlling interest in the team from the Buss family last year. The deal would set a new record for the highest price ever paid for a sports franchise.