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The Los Angeles Lakers are being sold for a record-breaking $12 billion, according to ESPN.
Josh Kushner, brother of President Donald Trump’s son-in-law Jared Kushner, and former Disney head honcho Bob Iger, are buying the legendary NBA franchise, journalist Ramona Shelburne reported.
“The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN,” she wrote on X.
“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.”
This is a breaking story and will be updated.
The post BREAKING: Los Angeles Lakers Sold to Josh Kushner and Bob Iger for Whopping $12 Billion: Report first appeared on Mediaite.