Los Angeles Lakers Sold to New Ownership Group for $12.5 Billion In a shocking move, billionaire investors Bob Iger and Joshua Kushner have taken the reins of the Los Angeles Lakers, one of the most storied franchises in the NBA, after purchasing the team from Mark Walter for a staggering $12.5 billion. The sale marks a significant shift in the team's ownership, and fans are eagerly awaiting news on what changes the new owners plan to bring to the franchise. With a 17-time championship history, the Lakers have a legacy of success, but recent seasons have seen a decline in performance. As Iger and Kushner begin their new chapter as owners, they face the daunting task of navigating the complex world of professional sports, balancing business and fan expectations, and determining the team's future direction.
Bob Iger and Joshua Kushner have some big decisions to make. They’re now the proud owners of one of the most heralded teams in sports, the 17-time champion Los Angeles Lakers, whom they bought from Mark Walter for $12.5 billion on Wednesday morning. It’s unclear what their plan is yet, but here’s some advice for...
