Josh Kushner and Bob Iger Buying LA Lakers for Over $12 Billion
Josh Kushner and Bob Iger have agreed to purchase the Los Angeles Lakers from current owner Mark Walter for over $12 billion. The transaction represents a record-breaking price for an NBA franchise, marking a significant ownership transition in professional sports.
Key takeaways
- 1.The $12 billion+ purchase price sets a new record for NBA franchise valuations
- 2.The deal transfers ownership of the Lakers from financier Mark Walter to Kushner and Iger
- 3.The transaction represents a major change in leadership for one of the NBA's most prominent franchises
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Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion
Josh Kushner and Bob Iger have agreed to purchase the Los Angeles Lakers for over $12 billion, marking a record-breaking price for the NBA franchise. The deal represents a significant transaction in professional sports ownership, with both high-profile investors taking controlling stakes in one of basketball's most iconic teams.
Rate outletRead original - BloombergTrace: Center
Bob Iger, Josh Kushner Are Buying the LA Lakers
Bob Iger and Josh Kushner are acquiring the Los Angeles Lakers from financier Mark Walter for over $12 billion, marking a record-breaking price for the NBA franchise. This represents a significant ownership transition for one of basketball's most storied and valuable teams. The deal underscores the continued growth in valuations of major sports franchises.
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