The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year. ESPN first reported that Kushner and Iger are buying the NBA's most valuable franchise, which was valued last year at $10 billion when Mark Walter purchased a controlling stake from the Buss family. By buying the Lakers, Iger and Kushner simply don’t have to wait for that decision. The sale still will need approval from the NBA’s board of governors, and that process can take several weeks. The $12.5 billion price tag is not only record-setting for U.S. pro sports but it continues a trend of NBA franchise values skyrocketing.