Billionaire Josh Kushner, Former Disney CEO Bob Iger Buy Los Angeles Lakers For Record $12 Billion, Report Says

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Topline​

Billionaire investor Josh Kushner and former Disney CEO Bob Iger reached an agreement to buy the Los Angeles Lakers for more than $12 billion, a record-setting price tag for a sports franchise, ESPN reported Tuesday.

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The legacy NBA franchise was transferred from the Buss family last year at a $10 billion valuation.

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Key Facts​

Kushner and Iger acquired the Lakers from Mark Walter, who purchased a controlling interest in the team from the Buss family last year at a $10 billion valuation, ESPN reported, citing multiple sources.






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This article was originally published on Forbes.com

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