The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN.
Kushner and Iger were involved in the expansion process in Las Vegas, but a stunning turn, they pivoted to make an aggressive offer to buy the Lakers from Mark Walter, who had purchased a controlling interest in the team from the Buss family last year.
The Bucks officially announced the deal today and the NBA now says it is being looked into after Trent played the past two seasons on a sub-$4 million salary and dipped statistically in 2025-26. The pact sparked a noisy reaction in Vegas.
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