New York Post
New York Post
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The Los Angeles Lakers have been sold for a record $12.5 billion, marking a significant ownership change after two recent sales in the past 14 months. The team was previously owned by the Buss family for nearly five decades before being acquired by Mark Walter in 2025; now, Walter is selling it to former Disney CEO Bob Iger and Joshua Kushner. Iger and Kushner have expressed intentions to build value and respect the franchise's legacy, but their specific plans remain unclear. Meanwhile, the Lakers face uncertainty following recent player and management changes, with key figures like coach JJ Redick and star Luka Doncic indicating interest in the team's future direction.
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