Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion

3 outlets - including Fortune, Ft and Bloomberg - are covering this story. The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.
Covered by 3 outlets
All coverage · 3 articles
Jerry Buss made the Lakers Hollywood. Bob Iger and Josh Kushner reportedly bought the show for record-breaking $12.5 billion, up 21% in just 14 months
The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.
Bob Iger and Josh Kushner in $12.5bn deal for Lakers basketball franchise
Guggenheim’s Mark Walter sells team after just a year of ownership amid US inquiry into insurance empire
Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion
Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of more than $12 billion, according to people familiar with the matter. Randall Williams, Bloomberg Business of Sports Reporter, discuss…