Bob Iger and Kushner buy Lakers amid Walter’s majority

Mark Walter’s ownership of the Los Angeles Lakers ended after less than a year, with the team sold to Josh Kushner and Bob Iger for over $12 billion. The sale follows Walter’s initial purchase at a $10 billion valuation, and the new owners expressed their commitment to building on the team’s legacy. The Lakers, led by Jeanie Buss, have a history of success with 11 championships, and the team is now in a new era following LeBron James' departure.

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