New record set, Lakers sold

The famous NBA franchise changes hands for the second time in a year and a half

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Photo: Reuters
Photo: Reuters
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The Los Angeles Lakers NBA franchise has been sold for a record $12 billion to businessmen Josh Kushner and Bob Iger.

The Lakers are changing owners for the second time in just a year and a half.

The previous owner was Mark Walter, who bought a controlling stake in the club from the Bass family last year.

"As lifelong NBA fans, we are honored to have the opportunity to become owners of the Los Angeles Lakers, one of the most iconic sports franchises in the world. We have great respect for the leadership and vision of Jerry and Jeannie Buss. We are committed to building a foundation for long-term success, competing at the highest level for an exceptional team, fans and the city of Los Angeles," the new owners said.

The price represents a record for the acquisition of any sports franchise in North America.

The Lakers also held the previous record – when Walters bought them for $10 billion. They are followed by the Boston Celtics (NBA, $6,1 billion, 2025) and the Washington Commanders (NFL, $6,05 billion, 2023).

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