The Los Angeles Lakers will be sold to Joshua Kushner and Bob Iger, ending Mark Walter's ownership tenue after less than two years.

The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year.

One year after buying a controlling interest in the Los Angeles Lakers from the Buss family, team owner Mark Walter is now selling the historic NBA franchise.

Josh Kushner is the younger brother of former Trump adviser Jared Kushner