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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 sets a new record price for an NBA franchise sale.
Key takeaways
- 1.The $12 billion+ purchase price represents the highest amount ever paid for an NBA team
- 2.The buyers include venture capitalist Josh Kushner and former Disney CEO Bob Iger
- 3.Current owner Mark Walter is selling the franchise, which he has controlled in recent years
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