The NBA's Los Angeles Lakers are reportedly expected to be acquired for $12.5 billion, with US businessmen Josh Kushner and Bob Iger named as the prospective acquirers. ESPN reported the news, citing multiple sources familiar with the matter.
The Lakers are expected to command $12.5 billion in the transaction, attracting attention as the highest acquisition price in NBA history. The deal was reported by ESPN, the US sports media outlet, citing multiple sources familiar with the matter.
The transaction would mean that ownership of the team changes again after just one year. Last year, Mark Walter acquired controlling ownership of the team from the Buss family.
The two people named as prospective acquirers are Kushner and Iger, who were involved in an expansion plan in Las Vegas. The $12.5 billion acquisition price is expected to represent a substantial increase from last year's valuation.