NewzThe Los Angeles Lakers are reportedly nearing a change in ownership following an agreement by former Walt Disney CEO Bob Iger and investor Joshua Kushner to acquire the NBA franchise. The deal is valued at US$12.5 billion, a figure that would establish a new record valuation for a professional basketball team.
This transaction marks a significant milestone in sports business, reflecting the continued growth in the valuation of major sports franchises. The acquisition process is currently underway, positioning the historic team for a transition in leadership under the incoming investment group.
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