Social media reacts to Lakers being sold again: Luka Doncic has now had five different owners
Lakers owner Mark Walter is flipping the franchise to Josh Kushner and Bob Iger for $12.5 billion. Check out the social media reaction to the news.
The NBA continues to astound its fans as Lakers owner Mark Walter sold the franchise to Josh Kushner and Bob Iger for $12.5 billion. This represents a 25% increase in valuation from when Walter acquired the team at a $10 billion valuation less than a year ago. Notably, Walter is currently under federal investigation, while Kushner is the brother of Donald Trump's son-in-law Jared Kushner, and Iger previously led Disney's acquisitions of Marvel and Star Wars.
Social media reactions to this news were mixed, with former Lakers star Earvin Magic Johnson expressing optimism about the new ownership, stating that Bob Iger has always loved the Lakers and will bring championships back to Los Angeles. Other fans, however, questioned the timing of the sale in light of Walter's federal investigation and the potential connections to the NBA's expansion plans.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
