Magic Johnson praised Joshua Kushner and Robert Iger as they agreed to purchase the Los Angeles Lakers for a record $12.5 billion.

The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Josh Kushner and Bob Iger for a record-breaking price. This sale agreement is $12.5 billion, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity Wednesday because neither side revealed

Questions over Donald Trump’s potential ties to the Los Angeles Lakers takeover have finally been addressed. When a $12.

When Walter purchased his share from the Buss family, which had owned the team since 1979, an agreement was made that Jeanie Buss, who had been the Lakers' governor, would remain in that role for at least five more years. In addition, it was agreed that Rob Pelinka would remain in place as general manager.

Colin Cowherd questions how Mark Walter sold the Lakers in just 10 months after deeming it one of the greatest honors of his life.

Josh Kushner and Bob Iger are purchasing the Lakers for $12.5 billion, according to ESPN's Ramona Shelburne. The sale price is the highest in sports history. Quick U-turn: Mark Walter, who also owns the Dodgers,