Mark Walter sells Lakers to Bob Iger and Josh Kushner for $12.5B
6 sources • 2 min read • Latest: Aug 13, 2026, 2:55 AM
Last updated Aug 13, 2026
Mark Walter is selling the Los Angeles Lakers to Bob Iger and Josh Kushner for a reported price of $12.5 billion. Walter, who has owned the team for less than a year, initially purchased it at a valuation of $10 billion. This sale comes after significant changes within the organization, including executive moves from the Los Angeles Dodgers and the departure of star player LeBron James. Iger and Kushner expressed their honor at becoming stewards of the iconic franchise and committed to competing at a high level moving forward.
- •Mark Walter has owned the Lakers since October 2025.
- •Iger and Kushner had previously pursued an NBA expansion team in Las Vegas.
- •The Lakers' valuation rose from $10 billion to $12.5 billion in under a year.
- •Iger and Kushner aim to build on the franchise's foundation and serve its fans.
- 8:10 PMYahoo Sports — In Sudden $12.5B Lakers Sale, Big Questions Remain
- 2:55 AMYahoo Sports — Lakers’ Shocking Sale Takes Telling Turn After New Mark Walter Financial Report
- 12:54 AMYahoo Sports — Lakers’ Shocking Sale Creates Major Questions About Franchise Future
- 5:17 PMYahoo Sports — Lakers eclipse record sale price for sports team, again
- 4:11 PMYahoo Sports — LA Lakers to be sold in record $12.5bn deal
- 4:11 PMBBC Sport — LA Lakers to be sold in record $12.5bn deal
- 3:20 PMYahoo Sports — Mark Walter Selling Lakers for $12.5B in Stunning Move
"A new report reveals what may have influenced Mark Walter’s abrupt Lakers sale and why the $12.5 billion offer arrived at a pivotal time. The post Lakers’ Shocking Sale Takes Telling Turn After New Mark Walter Financial Report appeared first on HEAVY.
"The Lakers have been sold for the second time in as many years, with Mark Walter selling the team for $12.5 billion. The post Lakers’ Shocking Sale Creates Major Questions About Franchise Future appeared first on LA Sports Report.
"The Los Angeles Lakers reportedly have new owners after less than a year under Dodgers owner Mark Walter. The post Mark Walter Selling Lakers for $12.5B in Stunning Move appeared first on LA Sports Report.
Sources
External links- Yahoo SportsAug 14, 2026, 8:10 PMIn Sudden $12.5B Lakers Sale, Big Questions Remain
Why did Mark Walter flip the NBA’s crown jewel in 10 months?
- Yahoo SportsAug 13, 2026, 2:55 AMLakers’ Shocking Sale Takes Telling Turn After New Mark Walter Financial Report
A new report reveals what may have influenced Mark Walter’s abrupt Lakers sale and why the $12.5 billion offer arrived at a pivotal time. The post Lakers’ Shocking Sale Takes Telling Turn After New Mark Walter Financial Report appeared first on HEAVY.
- Yahoo SportsAug 13, 2026, 12:54 AMLakers’ Shocking Sale Creates Major Questions About Franchise Future
The Lakers have been sold for the second time in as many years, with Mark Walter selling the team for $12.5 billion. The post Lakers’ Shocking Sale Creates Major Questions About Franchise Future appeared first on LA Sports Report.
- Yahoo SportsAug 12, 2026, 5:17 PMLakers eclipse record sale price for sports team, again
Mark Walter is selling the Los Angeles Lakers to Bob Iger and Josh Kushner for a record 12.5 billion dollars.
- Yahoo SportsAug 12, 2026, 4:11 PMLA Lakers to be sold in record $12.5bn deal
The Los Angeles Lakers is to be sold for a reported record $12.5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.
- BBC SportAug 12, 2026, 4:11 PMLA Lakers to be sold in record $12.5bn deal
The Los Angeles Lakers is to be sold for a reported record $12.5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.
- Yahoo SportsAug 12, 2026, 3:20 PMMark Walter Selling Lakers for $12.5B in Stunning Move
The Los Angeles Lakers reportedly have new owners after less than a year under Dodgers owner Mark Walter. The post Mark Walter Selling Lakers for $12.5B in Stunning Move appeared first on LA Sports Report.
Original 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 18, 2026, 3:57 AMSale of Lakers to Josh Kushner, Bob Iger could officially happen soon
NBA•Oct 18, 2026, 2:05 AMKevin Durant fires back at Phoenix owner Mat Ishbia over trade comments- NBA•Oct 17, 2026, 10:37 PMCoach admits being 'intimidated' to approach Taylor Swift at NBA Finals
- NBA•Oct 17, 2026, 10:10 PMBoston Celtics have waived Tucker DeVries, Hayden …
NBA•Oct 17, 2026, 9:54 PMKnicks weighing options to keep both James Wiseman, Bruce Brown on roster
NBA•Oct 17, 2026, 9:00 PM10 bold predictions for the 2026-27 NBA season, including Knicks' playoff fate
