Kushner and Iger aim to boost Lakers' valuation significantly

Kushner and former Disney CEO Bob Iger have initiated a deal to purchase the Lakers from Mark Walter, valuing the team at $12.5 billion. Their strategy includes expanding the franchise internationally and exploring new media rights to enhance the Lakers' valuation to at least $30 billion over the next decade. They anticipate TV and streaming rights could double in value, with more optimistic forecasts suggesting a long-term valuation of $62 billion. Details of the proposed growth plan were included in a presentation to potential investors.

• 7:48 AMYahoo Sports — Those moves would help boost the Lakers’ valuation to …