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Major NBA shakeup: Los Angeles Lakers sold for $12.5 BILLION to group led by Josh Kushner and Bob Iger
Summary by The Los Angeles Editorial Desk · As published by amNewYork
· August 12, 2026
· 1 min read
Story provenance No corrections
Summary created by The Los Angeles Editorial Desk — automated, rule-governed Published by amNewYork 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 The Los Angeles Lakers have been sold to a new group.
A significant change is happening in the NBA, affecting Los Angeles . The Los Angeles Lakers have been sold to a new group. This group is led by two individuals, Josh Kushner and Bob Iger.
5 billion. This major shakeup may have significant implications for the team and its fans in Los Angeles. Further details about the sale and its impact are available from amNewYork, the source of this information.
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About this story
As published by amNewYork . 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 .
For the complete original report, visit amNewYork . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: August 12, 2026 ·
Source: amNewYork ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A significant change is happening in the NBA, affecting Los Angeles. The Los Angeles Lakers have been sold to a new group. This group is led by two individuals, Josh Kushner and Bob Iger. The sale…
When was this published? This article was first published on August 12, 2026 by amNewYork and curated for The Los Angeles readers.
Who reported this story? This story was reported by amNewYork. To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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