[Shelburne] Update: The agreement (for sale of the Los Angeles Lakers) is for $12.5 billion.
Source: https://imgur.com/a/0nv1Qy4
The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12.5 billion, multiple sources told ESPN.
Kushner and Iger were involved in the expansion process in Las Vegas, but a stunning turn, they pivoted to make an aggressive offer to buy the Lakers from Mark Walter, who had purchased a controlling interest in the team from the Buss family last year.