{
  "id": 679889,
  "title": "Bob Iger, Josh Kushner Buy Los Angeles Lakers for NBA-Record Price: Report",
  "url": "https://urgent.news/2026/08/12/bob-iger-josh-kushner-buy-los-angeles-lakers-for-nba-record-price",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-08-12T16:10:49.000Z",
  "source": {
    "name": "Newsweek",
    "slug": "newsweek",
    "url": "https://www.newsweek.com/sports/nba/bob-iger-josh-kushner-buy-los-angeles-lakers-for-nba-record-price-report-12314201"
  },
  "original_language": "en",
  "account": "In a shocking turn of events, the Los Angeles Lakers are set to be sold for a record-breaking price over $12 billion, according to multiple sources. The anticipated sale will see the team change hands to American businessman Josh Kushner and former Disney CEO Bob Iger. This news was reported by ESPN's Ramona Shelburne early Wednesday.\n\nShelburne initially reported that the agreement was valued at $12 billion, but later amended her statement to confirm the figure as $12.5 billion. Mark Walter, the current majority owner of the Lakers, expressed his gratitude for the opportunity to own the team, stating that it is \"an extraordinary investment\" and that he is \"immensely proud\" to be part of the Los Angeles community.\n\nFormer Disney CEO Bob Iger, who officially retired from his role in March, has been involved in the expansion process in Las Vegas. Kushner, on the other hand, is a venture capitalist leading Thrive Capital and Oscar Health. The Lakers' new owners are set to be confirmed in the coming weeks as the NBA Board of Governors reconvenes to approve the sale.",
  "summary": "Just last October, Mark Walter acquired a majority ownership stake in the Los Angeles Lakers from the Buss family.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Variety",
        "title": "Lakers Sell to Bob Iger, Josh Kushner for $12.5 Billion",
        "url": "https://urgent.news/2026/08/12/lakers-sell-to-bob-iger-josh-kushner-for-12-5-billion",
        "published": "2026-08-12T14:40:41.000Z"
      },
      {
        "outlet": "TheWrap",
        "title": "Bob Iger, Josh Kushner to Buy Lakers in Record $12.5 Billion Deal",
        "url": "https://urgent.news/2026/08/12/bob-iger-josh-kushner-to-buy-lakers-in-record-12-5-billion-deal",
        "published": "2026-08-12T14:53:00.000Z"
      },
      {
        "outlet": "Newsweek",
        "title": "Josh Kushner and Bob Iger’s $12 Billion Lakers Deal: 5 Things You Need to Know",
        "url": "https://urgent.news/2026/08/12/josh-kushner-and-bob-igers-12-billion-lakers-deal-5-things-you-need",
        "published": "2026-08-12T15:56:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}