LOS ANGELES (AP) -- The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Josh Kushner and Bob Iger for a record-breaking pr

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

Mark Walter sold his majority shares of the Lakers to Bob Iger and Josh Kushner for $12.5 billion, yielding a $2.5 billion profit

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