Sports News Report
League: NBASport: BasketballCountry: United StatesCategory: Trades

Josh Kushner reaches out to Mark Walter about Lakers franchise sale

Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 10:25 PM

Last updated Aug 12, 2026

Josh Kushner reaches out to Mark Walter about Lakers franchise sale
Summary

Josh Kushner has initiated discussions with Mark Walter regarding the sale of the Los Angeles Lakers. The contact occurred last Friday, and the deal reportedly gained momentum over the weekend. Walter, who owns the team, initially was not seeking to sell, but the offer presented by Kushner and Bob Iger proved too lucrative to refuse. The Lakers' valuation has climbed significantly, increasing from $10 billion to $12.5 billion in just 14 months.

Source Links
Yahoo Sports
Key Details
  • •Josh Kushner contacted Mark Walter last Friday.
  • •The sale discussions progressed rapidly over the weekend.
  • •Walter's decision comes despite not actively looking to sell.
  • •The Lakers' valuation rose from $10 billion to $12.5 billion recently.
Latest Updates
  • 10:25 PMYahoo Sports — New Lakers owner Josh Kushner first reached out to Mark Walter last Friday about franchise sale
What they're saying
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New Lakers owner Josh Kushner first reached out to Mark Walter last Friday about franchise sale

Related Teams & Leagues
Los Angeles LakersNBABasketball

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