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Mark Walter selling Lakers for record $12.5 billion to Josh Kushner, Bob Iger
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Yahoo! Sports - News, Scores, Standings, Rumors, Fantasy Games
Just 14 months ago, Mark Walter bought the iconic Los Angeles Lakers for an NBA record $10 billion, ending the franchise's run as a family-run business.
In a stunning turn of events, Walter is selling the Lakers for a new record $12.5 billion to American businessmen Josh Kushner and Bob Iger, a story broken by Ramona Shelburne of ESPN.
We have immense respect for the leadership and vision of Jerry and Jeanie Buss.
I am grateful to Jeanie Buss, the Buss family, the players, and the staff for welcoming me into this chapter.
Walter is not selling the Los Angeles Dodgers as part of, or adjacent to, this deal.