Lakers shockingly sold to Josh Kushner, Bob Iger for historic $12 billion

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Businessmen Josh Kushner and Bob Iger are purchasing the Los Angeles Lakers in a record-breaking deal valued between $12 billion and $12.5 billion. This historic transaction marks the second sale of the NBA franchise in a year, following Mark Walter's $10 billion acquisition from the Buss family. The new owners, including the former Disney CEO, expressed they are honored to become stewards of the iconic team and aim to compete at the highest level of professional basketball.
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