Mark Walter had only officially taken ownership of the Los Angeles Lakers less than a year ago, so it was an absolute bombshell announcement on Wednesday morning that he agreed to sell his majority stake in the franchise to Bob Iger and Josh Kushner for a record-breaking $12.5 billion valuation.
Mark Walter had only officially taken ownership of the Los Angeles Lakers less than a year ago, so it was an absolute bombshell announcement on Wednesday morning that he agreed to sell his majority stake in the franchise to Bob Iger and Josh Kushner for a record-breaking $12.5 billion valuation.
Superstar guard Luka Doncic has only been with the Los Angeles Lakers for a season and a half, but he’s already seen some drastic changes with his new team.
The Emirates NBA Cup has been a great success for the league since its inception in 2024. Of course, the Los Angeles Lakers took home the Cup Championship, with the Milwaukee Bucks winning in 2025 and the New York Knicks bringing it home last season.
It seems as if a change of ownership changes nothing for Luka Doncic, who is looking forward to a new era in Los Angeles. Since arriving in Los Angeles following that blockbuster trade from Dallas, Luka Doncic has firmly embraced his role as the Lakers’ new franchise leader.
The regular season is important, but NBA legends are made in the playoffs. More specifically, it's the Finals where the all-time greats have built their otherworldly reputations.
In a completely shocking turn of events, the Lakers have been reportedly sold to Josh Kushner and Bob Iger for $12.5 billion. This is unprecedented considering the sale of the Lakers to Mark Walter only became official last October.
Luka Doncic apparently likes what he sees from the Lakers’ latest changing of the guard. Shortly after news broke Wednesday that Mark Walter had agreed to sell controlling interest in the Lakers to a group led by Josh Kushner and Bob Iger at a record $12.5 billion valuation, Doncic offered his first public reaction.
Luka Doncic has had to go through a lot of changes the last few years since shockingly being traded from the Dallas Mavericks to the Los Angeles Lakers.
The Los Angeles Lakers have just had another takeover only a year after Mark Walter bought the team for $10 billion. Walter has now sold the Lakers to an ownership group led by Josh Kushner and Bob Iger for a record-breaking $12.5 billion.
The Lakers are changing owners again. And somehow, the price tag has gotten even bigger. Mark Walter has agreed to sell controlling interest in the Lakers to a group led by businessman Josh Kushner and former Disney CEO Bob Iger at a staggering $12.5 billion valuation, according to ESPN.
Typically, the path to the NBA for most players is to spend at least a season in college to get high-level basketball and important development under their belts.
Pundits and supporters continue to go crazy over news of the supposed sale of the LA Lakers to Bob Iger and Josh Kushner. When news broke that the Los Angeles Lakers were selling for $12.5 billion to Bob Iger and Josh Kushner, it caught almost everyone off guard.
Bob Iger has gone from Disney boardrooms to Lakers courts, proving that even former studio chiefs occasionally need a change of scenery. After two stints as Disney CEO, Iger is joining Josh Kushner to buy the Los Angeles Lakers for $12.5 billion.
As the Los Angeles Lakers transition to a new era with Luka Doncic as the face of the franchise, the decision to pair Doncic with Austin Reaves has been a critical one.
One year ago, Jeanie and the Buss family shocked the world when they sold their majority ownership in the Los Angeles Lakers to Mark Walter, the CEO of TWC Global and owner of the L.A.
For a second consecutive year, the Lakers are being sold to a new ownership group. According to Ramona Shelburne of ESPN, just 14 months after reaching
Jaden Hardy wasted no time reconnecting with his former Dallas teammate. “I reached out to him and told him how excited I was to be back with him,” Hardy said.
The Lakers changed plenty this summer. One NBA scout thinks they changed mostly for the better. Los Angeles reshaped the roster following LeBron James’ departure, adding Walker Kessler, Quentin Grimes and Collin Sexton while making it clear that everything now revolves around Luka Doncic.
Bench production was an area of weakness for the Los Angeles Lakers last year, and Collin Sexton’s signing is a step in the right direction toward addressing it.
A former first-round draft pick may be living on borrowed time in Los Angeles. Lakers forward Dalton Knecht is in danger of being cut by the team, veteran NBA writer Jovan Buha reported this week.