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Los Angeles Lakers Sold for $12.5 Billion to Bob Iger and Josh Kushner

The Los Angeles Lakers have been sold for $12.5 billion to a group led by Bob Iger and Josh Kushner. The sale follows a previous ownership change in October 2025 when the team was sold for about $10 billion. The Lakers, a franchise with 17 championships, will now be led by Luka Dončić after LeBron James announced his departure to the Philadelphia 76ers.

Companies
Los Angeles Lakers Guggenheim Partners Thrive Capital Walt Disney Co. Oscar Health
People
Josh Kushner Bob Iger Mark Walter LeBron James Luka Dončić

Our neutral summary

The Los Angeles Lakers have been sold for $12.5 billion to a group led by Bob Iger and Josh Kushner. The sale follows a previous ownership change in October 2025 when the team was sold for about $10 billion. The Lakers, a franchise with 17 championships, will now be led by Luka Dončić after LeBron James announced his departure to the Philadelphia 76ers.

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Original Headline

RECORD SPORTS DEAL

Neutral Headline

Los Angeles Lakers Sold for $12.5 Billion to Bob Iger and Josh Kushner