LA Lakers sale

Los Angeles Lakers Sold For Record-Breaking $12 billion To Bob Iger And Josh Kushner

Luka Doncic gets heartfelt two-word reaction from Lakers boss after deal

Lakers governor Jeanie Buss responded to Luka Doncic's statement on the team's pending sale with a two-word endorsement on X. The reaction comes as Josh Kushner and Bob Iger move to buy the franchise for $12.5 billion, roughly 14 months after Mark Walter acquired it from the Buss family. Doncic, now the Lakers' central figure following LeBron James' departure, said he remains committed to winning a title in Los Angeles under the incoming ownership group.

Bob Iger & Josh Kushner: The Duo Behind Lakers’ $12.5B Takeover

Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter for a record $12.5 billion, just 14 months after Walter purchased the team at a $10 billion valuation. The sale comes amid reported federal scrutiny of Walter's business holdings. Iger, former Disney CEO, and Kushner, founder of Thrive Capital, bring entertainment and venture capital expertise to a franchise now navigating its second ownership change in barely a year, with Luka Dončić and the roster awaiting clarity on what comes next.