business
A blockbuster $12.5B deal as Josh Kushner and Bob Iger agree to buy the Lakers, AP source says
Summary by The San Antonio Editorial Desk · Byline on the source page: Associated Press, as published by KSAT 12 (ABC affiliate)
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· 1 min read
Photo: KSAT 12 (ABC affiliate) · view original
A major sale is underway for the Los Angeles Lakers. The team's value was previously estimated at $10 billion.
Businessmen are behind the purchase, with the total agreement reaching $12.5 billion. The buyers are reportedly Josh Kushner and Bob Iger.
Further information on this development can be found through KSAT 12's sources, including details on the sale and its implications for the team.