24 Hrs
Source:
Los Angeles Times
Bob Iger and Kushner to acquire Lakers for $12B
Los Angeles’s NBA team, the Los Angeles Lakers, is being sold to Joshua Kushner and Bob Iger for at least $12 billion, more than double the purchase price when Mark Walter acquired the team last year. The deal follows recent ownership changes and includes ongoing commitment from the new owners to compete at a high level and serve the team’s fans. Jeanie Buss remains the Lakers’ governor for at least five years amid the transition.
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