LA Lakers to be sold in record $12.5bn deal
The Los Angeles Lakers is to be sold for a reported record $12.5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.
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Notable Quotes
"As lifelong NBA fans, we are deeply honoured for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world."
— Josh Kushner , Executive
"Owning the Los Angeles Lakers has been one of the great honors of my life."
— Mark Walter , Executive
"Being a Laker means everything to me, and I'm excited to get back on the court and bring a championship to LA."
— Luka Doncic , Athlete
Key People
Bob Iger is a former chief executive of Disney.
Jeanie Buss is the current president of the LA Lakers and the daughter of Jerry Buss.
Jerry Buss was the former owner of the LA Lakers who bought the team in 1979.
Josh Kushner is a businessman and investor, brother of Jared Kushner.
Luka Doncic is a professional NBA player known for his exceptional skill and versatility.
Mark Walter is the majority stakeholder of the LA Lakers and also owns a stake in the LA Dodgers.
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All Coverage
The Los Angeles Lakers is to be sold for a reported record $12.5bn - less than a year after Mark Walter took a majority stake in the NBA franchise.
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