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Lakers Sold for Record $12B | Oakland News
Lakers just hit the sports world with a jaw-dropping $12 billion sale to Josh Kushner and Bob Iger — a record-breaking deal that shocks fans and insiders alike. The duo, who were eyeing Vegas expansion, pivoted to snap up LA’s iconic franchise from Mark Walter, who bought it for $10 billion just a year ago. Both new owners pledged to honor the Lakers’ legacy while building on its greatness, while Walter, still deeply involved through TWG Global (which owns the Dodgers and Chelsea), thanked fans and signaled his confidence in the team’s future. This seismic shift could reshape the Lakers’…
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