Lakers’ $12.5 billion sale sets record for most expensive in history
- Posted on August 12, 2026
- By Bing News
- 0 Views
- 1 min read
In brief
Generating AI summary…
Lakers’ $12.5 billion sale sets record for most expensive in history
The Lakers have been sold to American businessman Josh Kushner and Bob Iger for $12.5 billion, making it the largest franchise sale in sports history. The stunning deal comes just 14 months after Mark Walter purchased the team at a record-setting valuation of $10 billion. STAY UP TO DATE WITH THE LATEST NEWS BY SUBSCRIBING TO MORNING REPORT NEWSLETTER The Lakers sold for more than twice as much as any other American sports franchise. The...