
Record $12.5 Billion Lakers Sale Agreed Amidst Owner’s Legal Scrutiny
The deal, reported by ESPN, marks a significant shift in ownership for the NBA team as Walter faces federal and SEC investigations.
Event
American businessmen Bob Iger and Josh Kushner have agreed to purchase the Los Angeles Lakers from Mark Walter for $12.5 billion, a record-breaking price for a sports franchise. The deal was reported by ESPN, with sources confirming the transaction. Walter, who acquired a controlling interest in the team in October 2025, is selling the franchise while retaining other sports interests.
2 published stories · los-angeles-lakers · source reliability 67%

The deal, reported by ESPN, marks a significant shift in ownership for the NBA team as Walter faces federal and SEC investigations.
Background
American businessmen Bob Iger and Josh Kushner have agreed to purchase the Los Angeles Lakers from Mark Walter for $12.5 billion, a record-breaking price for a sports franchise. The deal was reported by ESPN, with sources confirming the transaction. Walter, who acquired a control
Fact cards
Key entities: Bob Iger, Josh Kushner, Los Angeles Lakers, Mark Walter, ESPN, TWG Global, NBA.
Yahoo Sports | https://abc7.com/post/josh-kushner-bob-iger-buy-lakers-12-billion-espn-reports/19668098 | published 2026-08-12T18:55:26.000Z | primary source | Yahoo Sports/ESPN | Primary source of the transaction report and financial details. | Bloomberg | Context regarding the l