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Bob Iger to buy Los Angeles Lakers, sources say

newsAug 12, 202618772

ESPN sources say Bob Iger and Josh Kushner are buying the Los Angeles Lakers for more than $12 billion, a record price for an NBA team. CNBC posts put the valuation at about $12.5 billion. Social coverage identifies Mark Walter as the seller and notes he bought the team roughly 14 months ago for about $10 billion. Commenters and named reporters including Shelburne pointed out that Kushner and Iger were previously involved in the Las Vegas expansion process. Several posts also referenced ongoing SEC and U.S. prosecutors’ scrutiny of Walter while discussing the sale. The deal remains based on multiple-source reporting and awaits formal confirmation and transaction details.

Jason Concepcion
@netw3rk.bsky.social

Mark Walter selling RAPIDLY to a Kushner a week after the SEC probe into him was announced? www.espn.com/nba/story/_/...

5595h ago
Edwin Garcia
@ecreates88.bsky.social

. @ramonaespn.bsky.social is reporting that the Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN.

355h ago
1 source