In a landmark transaction reshaping professional basketball ownership, former Disney CEO Bob Iger and venture capitalist Josh Kushner have acquired the Los Angeles Lakers in a groundbreaking deal valued at over $12 billion. This unprecedented acquisition marks the highest valuation ever recorded for an NBA franchise, reflecting the franchise's global brand value and revenue-generating potential. The strategic partnership brings significant experience in media, entertainment, and investment management to one of basketball's most iconic organizations, signaling a transformative era for the historic team.

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