Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says

Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

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ESPN•

Sources: Kushner, Iger to buy Lakers for $12.5B

The Lakers are being sold to businessmen Josh Kushner and Bob Iger for $12.5 billion, a record-breaking price, multiple sources told ESPN.

Brief by WorldPing · Original reporting by ESPN

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CBS Sports•

Lakers sold for record-breaking $12.5 billion: Everything to know about Josh Kushner, Bob Iger's purchase

Mark Walter bought the team just 14 months ago; now, Luka Dončić and friends have new owners as they try to get back into title contention…

Brief by WorldPing · Original reporting by CBS Sports

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The Guardian•

Josh Kushner and Bob Iger reportedly buying Los Angeles Lakers for $12.5bn

Mark Walter bought team last year for $10bn Iger and Kushner aim to ‘compete at the highest level’ Josh ⁠Kushner and Bob Iger ⁠are purchasing ⁠the ​Los Angeles Lakers for more ⁠than $12.

Brief by WorldPing · Original reporting by The Guardian

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CBS Sports•

Why the Yankees' $10 billion valuation contradicts owners' narrative, according to top agents

Despite complaints from owners that owning a baseball team is bad business, the math doesn't add up…

Brief by WorldPing · Original reporting by CBS Sports

WorldPing

BBC News•

LA Lakers to be sold in record $12.5bn deal

The Los Angeles Lakers is to be sold for a reported record $12.5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.

Brief by WorldPing · Original reporting by BBC News

ESPN•

Knicks-Sixers II, Lakers-Warriors top 1st Cup day

A second marquee matchup of the Knicks against the 76ers and LeBron James, along with the Lakers playing at the Warriors mark the first opening day of NBA Cup play on Oct. 30.

Brief by WorldPing · Original reporting by ESPN