Los Angeles Lakers Agree to Record $12.5 Billion Sale Led by Bob Iger and Joshua Kushner

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--- > **Claim:** The Los Angeles Lakers are set to change hands in a transaction valuing the franchise at a record-setting $12.5 billion, confirmed on August 12 and August 13, 2026. - **Verdict:** Verified - **Analysis:** Multiple sports and financial news sources confirm that Bob Iger and Joshua Kushner reached an agreement to buy the Lakers for $12.5 billion, with reports circulating heavily on August 12 and 13, 2026. [nytimes.com](https://www.nytimes.com/athletic/7508177/2026/08/12/los-angeles-lakers-sale-mark-walter-bob-iger-joshua-kushner/), [laxsportsnation.com](https://laxsportsnation.com/2026/08/13/mark-walter-sells-the-lakers-for-record-breaking-12-5-billion-deal-to-bob-iger-and-joshua-kushner/) --- --- > **Claim:** Former Walt Disney Company CEO Bob Iger and Thrive Capital founder Joshua Kushner reached an agreement to acquire the controlling stake held by Mark Walter. - **Verdict:** Verified - **Analysis:** Search evidence confirms that Bob Iger and Joshua Kushner are the buyers purchasing the controlling stake from Mark Walter. [nytimes.com](https://www.nytimes.com/athletic/7508177/2026/08/12/los-angeles-lakers-sale-mark-walter-bob-iger-joshua-kushner/), [bloomberg.com](https://www.bloomberg.com/news/articles/2026-08-12/josh-kushner-bob-iger-buy-la-lakers-for-more-than-12-billion) --- --- > **Claim:** The agreement came together rapidly over the course of approximately three days following initial discussions late last week. - **Verdict:** Verified - **Analysis:** Media reports detailing the sudden blockbuster nature of the transaction corroborate that the deal came together rapidly over roughly three days. [nytimes.com](https://www.nytimes.com/athletic/7508177/2026/08/12/los-angeles-lakers-sale-mark-walter-bob-iger-joshua-kushner/) --- --- > **Claim:** The deal marks the second time the franchise has been sold in less than a year, establishing a new valuation high for a North American sports franchise. - **Verdict:** Verified - **Analysis:** Mark Walter acquired the team in 2025, making this a quick turnaround of under a year, and the $12.5 billion figure establishes a new valuation record for a North American sports team. [nytimes.com](https://www.nytimes.com/athletic/7508177/2026/08/12/los-angeles-lakers-sale-mark-walter-bob-iger-joshua-kushner/), [usatoday.com](https://www.usatoday.com/story/sports/nba/lakers/2026/08/12/los-angeles-lakers-sale-record-north-american-sports-team/91270818007/) --- --- > **Claim:** The transaction covers Walter's stake, while the Buss family's remaining interest is not part of the sale, and Jeanie Buss is expected to remain in her role as governor. - **Verdict:** Verified - **Analysis:** Reporting confirms the sale is limited to Walter's controlling stake, leaving the Buss family's remaining minority interest intact and keeping Jeanie Buss in her governor role. [nytimes.com](https://www.nytimes.com/athletic/7508177/2026/08/12/los-angeles-lakers-sale-mark-walter-bob-iger-joshua-kushner/) --- --- > **Claim:** The proposed sale remains pending formal review and approval by the NBA Board of Governors. - **Verdict:** Verified - **Analysis:** All franchise ownership transfers require standard review and formal approval by the NBA Board of Governors. [nytimes.com](https://www.nytimes.com/athletic/7508177/2026/08/12/los-angeles-lakers-sale-mark-walter-bob-iger-joshua-kushner/) --- --- > **Claim:** Mark Walter originally acquired the controlling stake in the Lakers in 2025 at a then-record valuation of $10 billion. - **Verdict:** Verified - **Analysis:** Search records confirm that Mark Walter purchased a majority stake in the Lakers in 2025 at a valuation of $10 billion. [nytimes.com](https://www.nytimes.com/athletic/6763776/2025/10/30/los-angeles-lakers-sale-mark-walter/), [forbes.com](https://www.forbes.com/sites/antoniopequenoiv/2025/10/30/nba-approves-10-billion-lakers-sale-to-dodgers-owner-mark-walter/) ---

AI Research Queries

• 🔍 Bob Iger Joshua Kushner Los Angeles Lakers sale 12.5 billion agreement
• 🔍 Mark Walter Los Angeles Lakers purchase 2025 10 billion valuation
• 🔍 Jeanie Buss remaining interest Los Angeles Lakers sale Mark Walter Bob Iger