Sports · Coverage Brief · August 16, 2026

Iger and Josh Kushner to buy Lakers at $12.5 billion valuation, sources say

Multiple outlets, citing sources, say former Disney CEO Bob Iger and investor Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter at a $12.5 billion valuation, which would be a record for a U.S. sports franchise. Coverage has not yet pointed to a public confirmation from the team or the league.

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