The Los Angeles Lakers have been sold for the second time in as many years with Josh Kushner and Bob Iger purchasing the franchise.

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