Lakers sold to Bob Iger and Josh Kushner for $12.5 billion
2 sources • 1 min read • Latest: Aug 12, 2026, 9:53 PM
Last updated Aug 12, 2026

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.
- •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
- 9:53 PMCBS NBA — Three big questions after shocking Lakers sale: Dodger-fication on hold? What does this mean for a Vegas team?
"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
Sources
External linksOriginal reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.
Related Stories
Last 14 days
NBA•Oct 22, 2026, 12:04 PMWalker Kessler joins Wilt Chamberlain in Lakers record book
NBA•Oct 22, 2026, 12:04 PMWarriors rookie Yaxel Lendeborg rips Luka Doncic after NBA debut vs. Lakers
NBA•Oct 22, 2026, 11:31 AMJaden McDaniels admits he never even wanted to join the Timberwolves after $40m extension- NBA•Oct 22, 2026, 11:31 AMLuka: Lakers' 'ceiling is even higher,' pairs with Kessler for blowout
- NBA•Oct 22, 2026, 11:15 AMClippers get unexpected opening-night statement from Darius Garland after chaotic offseason
- NBA•Oct 22, 2026, 11:08 AMHornets get surprising answer after LaMelo Ball trade in season-opening win over Nets
