Mark Walter's time as the majority owner of the Los Angeles Lakers is up after less than a year.After purchasing his stake in the organization for a $10 billion valuation in October, the Lakers were sold to American businessmen Josh Kushner and Bob Iger for a record price of over $12 billion."As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world. We have immense respect for the leadership and vision of Jerry and Jeanie Buss," Kushner and Iger said in a statement, via ESPN. "Our long-te...
Bob Iger, Josh Kushner shockingly purchase Lakers months after Mark Walter became majority owner
HALO Newsroom
Aug 12, 2026 • 3 weeks ago
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