Ahead of the 2025-26 NBA season, the Buss family decided to sell the Los Angeles Lakers to Los Angeles Dodgers majority owner Mark Walter for a record-setting $10 billion, marking a drastic shift for the storied franchise.A little over a year later, Walter has shockingly decided to move on, agreeing to sell the team for a $2 billion profit.Mark Walter to Sell Lakers for $12 BillionMark Walter has reportedly agreed to sell the Lakers to Bob Iger and Joshua Kushner for $12 billion, according to Dan Woike of The Athletic.Only 14 months after agreeing to purchase the Lakers at a record-setting $10 billion valuation, Mark Walter is selling the team to Bob Iger, the former Disney CEO, and Joshua Kushner at a valuation of more than $12 billion, according to a source with knowledge of the deal on a condition of anonymity because they were not authorized to discuss the sale. Kushner has a minority stake in the Miami Heat and is the younger brother of Jared Kushner.As if the Buss family selling the team they owned since 1979 wasn’t shocking enough, Walter selling the team after making drastic changes to the franchise over the past year is surprising on another level entirely. The goal was to follow in the footsteps of the Dodgers franchise, which has been incredibly successful under Walter, but now the future seems as uncertain as ever, with no telling where the Lakers go from here with Iger and Kushner at the helm.Sign up to our free newsletter and follow us on YouTube, Facebook, X/Twitter and Instagram for the latest news.Add us as a preferred source on GoogleFollow