The Lakers' Billion Dollar Handoff: What's Behind the Sale? The Los Angeles Lakers, one of the most storied franchises in professional sports, have been sold to Bob Iger and Josh Kushner for $12 billion.
This eye popping price tag has left many wondering what drove this deal and what it portends for the team's future. In recent years, the Lakers have undergone significant changes on and off the court.
After Mark Walter's ownership in 2025, the team seemed to be on an upward trajectory, but a slump in performance last season led to speculation about their next move.