HUFFPOST - Los Angeles Lakers Sold In Blockbuster Deal To Josh Kushner, Bob Iger
The record-setting sum comes just weeks after LeBron James left the team to become a free agent.
AI:Bob Iger and Josh Kushner have completed a record-breaking $12.5 billion acquisition of the Los Angeles Lakers, marking a massive consolidation of power in professional sports following LeBron James's departure from the team as a free agent. This blockbuster deal follows recent reports detailing the close personal relationship between Iger and Kushner and highlights an ongoing trend of skyrocketing valuations for major sports franchises.Open