- Mark Walter has sold his majority equity in the Los Angeles Lakers to Joshua Kushner and Bob Iger, according to a statement.
- The deal values the team at $12.5 billion, according to a person familiar with the matter, who was not authorized to speak publicly about the terms of the sale.
- Walter has owned the Lakers for less than a year and also has stakes in MLB’s Los Angeles Dodgers, English Premier League soccer team Chelsea and the WNBA’s Los Angeles Sparks.
https://www.cnbc.com/2026/08/12/bob-iger-joshua-kushner-buy-los-angeles-lakers-from-mark-walter.html
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