LA Lakers Sold for Record $12.5 Billion to Bob Iger and Joshua Kushner

The Los Angeles Lakers are reportedly being sold for a record-shattering $12.5 billion (approximately €10.4 billion), according to a report by ESPN published on Wednesday. If approved, the transaction will eclipse the previous global benchmark for a sports franchise, which was set just a year prior when billionaire Mark Walter acquired the historic NBA club … Read more