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NBA’s Los Angeles Lakers to be sold for $12.5bn to Kushner and Iger
LOS ANGELES, United States: The Los Angeles Lakers, one of the most successful teams in NBA history, are being sold to former Disney CEO Bob Iger and investor Joshua Kushner in a deal valued at $12.5 billion, ESPN reported Wednesday. The sale, which would mark a record-breaking valuation for a North American sports franchise, comes only about a year after billionaire Mark Walter agreed to buy a controlling interest in the team in a then-record $10 billion deal. Kushner is the brother of Jared Kushner, US President Donald Trump’s son-in-law.
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forbes.com
Los Angeles Lakers Reportedly Sell For Record $12 Billion
The legacy NBA franchise was transferred from the Buss family last year at a $10 billion valuation.
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Los Angeles Lakers Sold In Record $12.5 Billion Deal
The legacy NBA franchise was transferred from the Buss family last year at a $10 billion valuation.
