Biggest U.S. sports team sales: How Lakers broke own record with new price of $12.5 billion originally appeared on The Sporting News. AdvertisementAdvertisement AdvertisementESPN reported Wednesday that the Los Angeles Lakers are being sold to American businessmen Josh Kushner and Bob Iger. SN's NBA HQ: Live NBA scores | Updated NBA standings | Full NBA scheduleAdvertisementAdvertisement AdvertisementLakers sale pricePer ESPN, the Lakers are being bought by Kushner and Iger for $12.5 billion. It's a record-breaking team price once again being set by the franchise; Walter's 2025 purchase for $10 billion had already set a record, with the Lakers now valued even higher. AdvertisementAdvertisement AdvertisementBiggest U.S. sports team salesThe Lakers aren't just surpassing their own record for most expensive NBA team sale — they're passing their own record for any U.S. sports franchise.