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Lakers being sold in blockbuster $12.5B deal to Josh Kushner and Bob Iger, AP source says

August 12, 2026

The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year. This agreement is $12.5 billion, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity because neither side revealed specific details.

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