American businessman Josh Kushner and former Disney executive Bob Iger are purchasing the Los Angeles Lakers for a record-breaking price of US$12.5 billion, ESPN reported on Wednesday (Aug 12).Per the network, the duo purchased controlling interest from Mark Walter, who bought a controlling interest in the te

The legacy NBA franchise was transferred from the Buss family last year at a $10 billion valuation.

The legacy NBA franchise was transferred from the Buss family last year at a $10 billion valuation.