Sports economist reacts to Los Angeles Lakers $12.5 billion sale
Headline from KYMA Yuma
The Los Angeles Lakers made big news last year when the premiere NBA franchise was sold. Now it's happening again, and sports economist Rodney Fort says buying a sports team is similar to bidding on rare art.
KYMA Yuma's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The current owner, Mark Walter, purchased a controlling interest in the team from the Buss family last year for what was at the time a record-breaking valuation of approximately $10 billion.
LOS ANGELES, CA – DECEMBER 10: Devin Vassell #24 of the San Antonio Spurs shoots the ball during the game against the Los Angeles Lakers during the 2025-26 Emirates Cup Quarterfinals on December 10, 2025 at Crypto.Com Arena in Los Angeles, California.
Los Angeles Lakers half court logo during the NBA game between the Miami Heat and the Los Angeles Lakers on Nov. 2, 2025, at Crypto.com Arena in Los Angeles.
A partnership led by Josh Kushner, brother of President Donald Trump’s son-in-law, reached a deal to buy the Los Angeles Lakers on Wednesday morning for a record-breaking $12.5 billion. The deal, which was first reported by ESPN’s Ramona Shelburne, is an eleven-figure behemoth that will make it the …
The Los Angeles Lakers have been sold by Mark Walter for $12 billion, ESPN reported Wednesday. ESPN reported that the team was sold to venture capitalist Josh Kushner and former Disney CEO Bob Iger. The two were reportedly interested in being involved with the NBA’s upcoming expansion team in Las Ve…
The Los Angeles Lakers are reportedly being sold to businessmen Josh Kushner and Bob Iger, ESPN reported on Wednesday morning. Sources told the sports media giant that the two will purchase the legendary NBA team for over $12 billion.
The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger, ESPN's Ramona Shelbourne reported on Wednesday morning. Sources told the sports media giant that the two will purchase the legendary NBA team for about $12.5 billion.
Mark Walter bought team last year for $10bn Iger and Kushner aim to ‘compete at the highest level’ Josh Kushner and Bob Iger are purchasing the Los Angeles Lakers for more than $12bn in a record-breaking deal, ESPN reported on Wednesday , citing sources with knowledge of the deal.
Josh Kushner and Bob Iger are reportedly purchasing the Los Angeles Lakers for a whopping $12 billion, ESPN and The New York Times reported Wednesday, citing anonymous sources.
Bob Iger and Josh Kushner are buying the Los Angeles Lakers. The deal values the NBA team at more than $12 billion, sources told ESPN and The New York Times. The purchase, from the former Disney CEO and the Thrive Capital founder, comes just 14 months after the Lakers sold to Mark Walter at a […]
Fulfilling almost every American boy’s dream, Bob Iger has bought himself a big city sports franchise. The ex-Disney CEO and Josh Kushner’s Thrive Capital have scored the L.A. Lakers for $12 billion, Deadline has confirmed.
LOS ANGELES (AP) — The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year. This sale agreement is $12.5 billion, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymi…
Showing the first 25 of 88 headlines. ·
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Related updates
Separate coverage close to this update in time and subject.
