Latest / Venice Beach News Today | 2 Min News | The Daily News Now!
Lakers Sold for $12.5B to Kushner and Iger | Venice Beach News
The Lakers are poised for a historic $12.5 billion sale, led by Josh Kushner and Bob Iger—marking the most expensive sports team transaction in U.S. history. Kushner, a venture capital veteran, and Iger, former Disney CEO, see this as a top priority over their long-held NBA expansion dreams in Vegas. Jeanie Buss’s current ownership team, proud of their 17 championships including the 2020 title, remains confident in the franchise’s future while preparing for a new era under LeBron James’s departure and Luka Dončić’s rise. The deal still awaits NBA Board approval, with a September vote…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.