Los Angeles Lakers sold for 12.5B to Kushner and Iger

The Los Angeles Lakers have been sold for a record $12.5 billion to businessmen Bob Iger and Joshua Kushner, after previous ownership changes within a year. The franchise's value increased from $10 billion under previous owner Mark Walter. Iger, a former Disney CEO, and Kushner, founder of Thrive Capital, now own the NBA team, marking a significant shift in its ownership amid the post-LeBron James era.

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