Bob Iger and Josh Kushner purchase L.A. Lakers from Mark Walter

Bob Iger and Josh Kushner have bought the Los Angeles Lakers from Mark Walter for approximately $12.5 billion. The deal marks a quick turnaround, as Walter acquired the team from the Buss family less than a year ago for $12 billion. Reactions among fans have been largely negative, with concerns over Iger's leadership and the quick succession of ownership changes. The sale still awaits approval from the NBA's Board of Governors, which could take several weeks to finalize.

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