The reported Lakers sale would value the entire franchise at $12.5 billion and transfer Mark Walter’s controlling interest to a group led by Josh Kushner and Bob Iger. The Lakers are not officially under new ownership yet. The reported deal still requires NBA Board of Governors approval, but it would establish a record valuation for […]
Tag Archives: Lakers sale
Kushner Is $7.3 Billion Short of Buying the Lakers
Josh Kushner, in one of the most expensive and unexpected moves of the decade, made a bid alongside Bob Iger to buy the Los Angeles Lakers in a deal valuing the franchise at $12.5 billion. The only issue is that, on paper, they do not even have enough money. Kushner sits at roughly $5.2 billion, […]