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Bob Iger, Joshua Kushner to buy Lakers from Mark Walter's ownership group for $12.5 billion
Summary by The Los Angeles Editorial Desk · As published by latimes.com
· August 12, 2026
· 1 min read
Story provenance No corrections
Summary created by The Los Angeles Editorial Desk — automated, rule-governed Published by latimes.com Original story Read at the source (via Google News) Source published Aug 12, 2026 Indexed here Aug 12, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway For now, it is known that the sale price is substantial, at $12.
A significant change is underway for the Los Angeles Lakers. The team is being sold to new owners, with Bob Iger and Joshua Kushner at the helm of the purchasing group. 5 billion.
The current ownership group, led by Mark Walter, will be transferring ownership to Iger and Kushner. com. 5 billion, and that new ownership is taking over the Lakers.
Readers can find more information about the sale and its implications from the source.
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As published by latimes.com . The Los Angeles surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: local ·
Published: August 12, 2026 ·
Source: latimes.com ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A significant change is underway for the Los Angeles Lakers. The team is being sold to new owners, with Bob Iger and Joshua Kushner at the helm of the purchasing group. The sale price for the Lakers…
When was this published? This article was first published on August 12, 2026 by latimes.com and curated for The Los Angeles readers.
Who reported this story? This story was reported by latimes.com. To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
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