Lakers sold to Kushner and Iger for $12.5 billion

Lakers owner Mark Walter has sold the franchise to Josh Kushner and Bob Iger for $12.5 billion. This sale comes less than a year after Walter purchased the team at a $10 billion valuation. The transaction is notable given the ongoing federal investigation into Walter and the implications it may have for Lakers' operations under new ownership. As the deal progresses, questions regarding Jeanie Buss's future role as operating governor and the team's leadership structure are expected to arise.

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