Russell Westbrook retires and Lakers sold to Bob Iger and Joshua Kushner
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 8:18 PM
Last updated Aug 12, 2026

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.
- •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.
- 8:18 PMYahoo Sports — Russell Westbrook retires + Lakers sold in record-breaking deal
"KOC reacts to Russell Westbrook’s retirement and the sale of the Lakers to Bob Iger and Joshua Kushner.
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•Aug 12, 2026, 9:20 PMWhat happens to Jeanie Buss after Lakers sale? Governor status explained
- NBA•Aug 12, 2026, 9:01 PMNBA teams have skyrocketed 📈 in value over the last 25 …
NBA•Aug 12, 2026, 8:44 PMRanking Russell Westbrook's most iconic moments, from triple-double records to 20-20-20 game
NBA•Aug 12, 2026, 8:25 PMTriple-double king Russell Westbrook calls time on 18-year NBA career
NBA•Aug 12, 2026, 8:14 PMRussell Westbrook had offers from Kings, Wizards before deciding to retire- NBA•Aug 12, 2026, 8:14 PMBecause after the former Disney CEO and his business …
