Key Points
- Los Angeles Lakers are being sold for $12 billion
- The new owners are Josh Cusner and Bob Iger
- The team will continue to compete at the highest level
By the Numbers
$12 billion17
Los Angeles Lakers, 17-time NBA champions, are being sold to American businessmen Josh Cusner and Bob Iger for $12 billion. The new owner plans to keep the Lakers competing at the highest level and serving the city of Los Angeles.
The team's former owner, Mark Walter, is the CEO and chairman of TWG Global. Walter had purchased the Lakers in October, and the team's value was then estimated to be $10 billion.
The Los Angeles Lakers are a significant team in the NBA, and the new owner will work to continue the team's success.
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Frequently Asked Questions
- How much is Los Angeles Lakers being sold for?
- $12 billion
- Who are the new owners of the team?
- Josh Cusner and Bob Iger
- Who was the former owner of the team?
- Mark Walter
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