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Lakers Sold for Record $12.5B | Jamaica News
Description
Lakers just got a record-breaking makeover: Josh Kushner and Bob Iger are reportedly set to buy the team for $12.5 billion — smashing every previous sports franchise sale in U.S. history. This bold move skips years of expansion delays, as they’d previously eyed a Vegas team. With NBA valuations skyrocketing — from $3B for Hornets to $6B for Celtics, and even Mark Walter’s $10B Lakers stake — this deal isn’t just big, it’s historic. The NBA board still needs to approve, but expect a decision soon. And with LeBron James’ recent Philly pivot, the league’s shake-up just got wilder.
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