Basketball

Lakers sold for record $12.5B to Kushner/Iger

Lakers sold for record $12.5B to Kushner/Iger

The Lakers were sold for $12.5 billion, shattering NBA valuation records. Walter's quick flip raises questions about a federal probe and NBA ownership standards, with an opinion piece challenging the league's ethics in vetting billionaire owners. The new ownership group signals a new financial era and could impact team-building, including Luka Doncic's future. No immediate roster changes, but long-term implications for the franchise.

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Updated Aug 14, 2026