Lakers sold to Bob Iger and Josh Kushner for $12.5 billion

2 sources1 min read • Latest: Aug 12, 2026, 9:53 PM

Last updated Aug 12, 2026

Lakers sold to Bob Iger and Josh Kushner for $12.5 billion
Summary

The Los Angeles Lakers have been sold again, this time to Bob Iger and Josh Kushner, who acquired the team from Mark Walter for a $12.5 billion valuation. Walter's ownership lasted less than 14 months, and the franchise has seen significant changes, including LeBron James's departure and a reshaped front office. The future direction of the Lakers remains uncertain as Iger and Kushner aim to honor existing agreements from Walter's tenure but may implement their own vision. The potential for replicating the Los Angeles Dodgers' operational model is currently on hold.

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Key Details
  • Lakers sold for $12.5 billion to Bob Iger and Josh Kushner
  • Mark Walter's ownership lasted less than 14 months
  • LeBron James left in free agency before Walter's sale
  • Future ownership strategy is unclear with new leadership
  • Dream of Lakers' transformation akin to Dodgers is stalled
Latest Updates
  • 9:53 PMCBS NBAThree big questions after shocking Lakers sale: Dodger-fication on hold? What does this mean for a Vegas team?
What they're saying
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The Lakers were sold this week for the second time in 14 months as Bob Iger and Josh Kushner bought the team from Mark Walter

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