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LA Lakers set for record $12.5bn sale

Dubai: The Los Angeles Lakers are reportedly set to change hands in a record-breaking $12.5 billion (£9.3bn) deal, less than a year after Mark Walter became the NBA franchise’s majority owner. Josh Kushner, the brother of US President Donald Trump’s son-in-law Jared Kushner, and former Disney CEO Bob Iger are behind the deal to acquire the controlling stake in one of basketball’s most iconic…

LA Lakers set for record $12.5bn sale

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