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Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 21% in just the 14 months since Mark Walter bought them

The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.

Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 21% in just the 14 months since Mark Walter bought them

We haven't written up this one. Fortune has the full story — the link below goes straight to it.

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