NewzThe Los Angeles Lakers, one of the most successful franchises in NBA history, are reportedly being sold in a record-breaking deal valued at $12.5 billion. According to reports published on Wednesday, the buyers are former Disney CEO Bob Iger and investor Joshua Kushner.
This transaction takes place less than a year after billionaire Mark Walter acquired a majority stake in the franchise. The reported $12.5 billion valuation marks a record-breaking price for an NBA team sale.
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