Russell Westbrook retires and Lakers sold to Bob Iger and Joshua Kushner

2 sources • 1 min read • Latest: Aug 13, 2026, 5:53 AM

Last updated Aug 13, 2026

Russell Westbrook retires and Lakers sold to Bob Iger and Joshua Kushner
Summary

Russell Westbrook has announced his retirement from the NBA after 18 seasons, marking the end of his professional playing career. Concurrently, the Los Angeles Lakers have been sold for a record $12 billion to Bob Iger and Joshua Kushner. The sale has drawn attention amidst a federal investigation into Mark Walter's finances, raising questions about the implications for the team’s current operations and future direction. Discussions among analysts indicate potential impacts on key personnel including Rob Pelinka as the organization transitions under new ownership.

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Status Watch
  • •Russell Westbrook retires after 18 NBA seasons.
  • •Los Angeles Lakers sold for $12 billion.
  • •Federal investigation related to Mark Walter's finances ongoing.
  • •Speculation around the future of Rob Pelinka and team management.
Latest Updates
  • 5:53 AMYahoo Sports — Russell Westbrook’s agent called out new LA Lakers owners and NBA teams hours before his retirement
  • 8:18 PMYahoo Sports — Russell Westbrook retires + Lakers sold in record-breaking deal
What they're saying
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Even moments away from calling time on his legendary career, Russell Westbrook and those close to him denied the LA Lakers any satisfaction. A monumental day in the NBA that started out with the news of the LA Lakers being sold to Bob Iger and Josh Kushner and ended with the surprising retirement of Russell Westbrook.

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KOC reacts to Russell Westbrook’s retirement and the sale of the Lakers to Bob Iger and Joshua Kushner.

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