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August 13, 2026

A blockbuster $12.5B deal as Josh Kushner and Bob Iger agree to buy the Lakers, AP source says

By GREG BEACHAM
AP Sports Writer

LOS ANGELES — The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Josh Kushner and Bob Iger for a record-breaking price.

This sale agreement is $12.5 billion, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity Wednesday because neither side revealed specific details of the latest stunning development with one of North America's marquee sports teams.


 
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