@realtor.com: Real estate heir Joshua Kushner and former Disney CEO Bob Iger have struck a deal to buy the Los Angeles Lakers for a staggering $12 billion, according to ESPN. The pair reached an agreement with current owner Mark Walter, who took a controlling stake in the team from the Buss family just last year. The move marks a dramatic pivot for Kushner and Iger, who had previously been pushing to launch an NBA team in Las Vegas. In a joint statement, they said they were "honored" to build on the legacy of longtime owners Jerry and Jeanie Buss. The sale still needs approval from the NBA's board of governors next month, and comes amid major upheaval for the team following LeBron James's surprise departure to Philadelphia. Full story at link in bio.

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Wednesday 12 August 2026 17:32:02 GMT