Josh Kushner and Bob Iger reportedly buying Los Angeles Lakers for $12bn
Mark Walter bought team last year for $10bnIger and Kushner aim to ‘compete at the highest level’Josh Kushner and Bob Iger are purchasing the Los Angeles Lakers for more than $12bn in a record-breaking deal, ESPN reported on Wednesday, citing sources with knowledge of the deal.Billionaire Mark Walter purchased a majority stake of the NBA team last year from the Buss family in a deal that valued the club at $10bn, with the deal only having been approved by the board of governors in October. Continue reading...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.