Mark Walter sells Lakers to Robert Iger and Josh Kushner

Yahoo Sports1 min read • Latest: Aug 13, 2026, 11:27 PM

Last updated Aug 13, 2026

Mark Walter sells Lakers to Robert Iger and Josh Kushner
Summary

Los Angeles Lakers owner Mark Walter announced the sale of the team to Robert Iger and Josh Kushner on August 13, 2026. The sale came as a surprise to fans and included a significant price tag of $12.5 billion. Walter, who has integrated Dodgers executives in his time with the Lakers, emphasized his commitment to the community and the franchise's future success. Iger and Kushner expressed excitement about leading one of the most iconic sports franchises. Fans reacted with a mix of shock and loyalty to the team.

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By the Numbers
  • Mark Walter sells the Lakers for $12.5 billion.
  • New owners are Robert Iger and Josh Kushner.
  • Walter has integrated Dodgers executives into the Lakers.
  • Iger and Kushner aim to uphold the team's legacy.
  • Fans expressed mixed emotions outside Crypto.com Arena.
Latest Updates
  • 11:27 PMYahoo SportsLakers Fans Sound Off on Team’s Sale
What they're saying
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Los Angeles Lakers fans told Ava Brand of LA Sports Report how they feel about Mark Walter's surprise sale of the team. The post Lakers Fans Sound Off on Team’s Sale appeared first on LA Sports Report.

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