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Lakers Sold for $12.5B to Iger and Kushner | Flint News
The Los Angeles Lakers are set for a historic ownership shift, with former Disney CEO Bob Iger and venture capitalist Josh Kushner acquiring the team for a jaw-dropping $12.5 billion — a record-breaking price for any sports franchise. This follows their recent approval as majority owners under Mark Walter, who had valued the team at $10 billion just a year ago. The new owners, lifelong NBA fans, vow to honor the Lakers’ legacy and compete at the highest level, though the deal still awaits NBA Board of Governors’ approval. Meanwhile, legal scrutiny looms over Walter’s financial dealings…
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