Lakers $12 billion sale to Josh Kushner largest…
The Lakers have been offered to American businessman Josh Kushner and Bob Iger for $12.5 billion, making it the largest franchise sale in sports activities historical past.
The gorgeous deal comes just 14 months after Mark Walter bought the crew at a record-setting valuation of $10 billion.
The Lakers offered for more than twice as a lot as any other American sports activities franchise.
The next-highest gross sales embrace the Boston Celtics ($6.1 billion), Washington Commanders ($6.05 billion), Denver Broncos ($4.65 billion), Phoenix Suns and Mercury ($4 billion), Dallas Mavericks (3.5 billion), Charlotte Hornets ($3 billion), New York Mets ($2.4 billion), Brooklyn Nets ($2.35 billion) and Carolina Panthers (2.275 billion).
Mark Walter, left, a majority proprietor of the Los Angeles Lakers, and Jeanie Buss, minority proprietor of the Los Angeles Lakers, discuss as the Lakers play the Chicago Bulls at Crypto.com Arena in Los Angeles on Thursday, March 12, 2026. (Los Angeles Times) Los Angeles Times via Getty Images
Before Walter bought the 17-time champion Lakers from the Buss household, Jerry Buss had acquired the crew in 1979 for $67.5 million as half of a bigger package deal from Jack Kent Cooke.
“As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world,” Iger and Kushner said in a assertion.
“We have immense respect for the leadership and vision of Jerry and Jeanie Buss. Our long-term commitment is to build on that foundation, compete at the highest level, and serve this extraordinary team, its fans, and the city of Los Angeles.”
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