+ ↺ − 16 pxThe Los Angeles Lakers are set to change hands again, with Josh Kushner and former Disney CEO Bob Iger agreeing to buy the NBA franchise for a record $12.5 billion, according to multiple reports. Kushner and Iger had previously been involved in efforts to bring an NBA expansion team to Las Vegas. The agreement comes less than a year after Mark Walter acquired controlling ownership of the Lakers from the Buss family at a valuation of approximately $10 billion. The $12.5 billion Lakers transaction underscores the extraordinary rise in professional sports valuations and represents another huge jump for the franchise in less than a year. The Lakers were valued at roughly $10 billion when Walter took control.