Lakers Sold to Kushner/Iger for Record $12.5B
Mark Walter sells the Lakers to Josh Kushner and Bob Iger for a record $12.5 billion after just over a year of ownership. Jeanie Buss remains governor for now. Magic Johnson endorses Iger. The sale is now confirmed by multiple sources including BBC, reshaping long-term financial flexibility and direction for the post-LeBron Luka era, with potential for increased spending under new deep-pocketed owners. Federal probe context lingers.
Sources (4)
Updated Aug 13, 2026