Inter Milan Agrees £30M Deal to Sign Djed Spence from Tottenham
The Los Angeles Lakers have agreed to a blockbuster sale to an ownership group led by venture capitalist Josh Kushner and former Disney chief executive Bob Iger for $12.5 billion. The agreement sets a new all-time global valuation record for a professional sports franchise, coming just fourteen months after billionaire Mark Walter acquired a controlling stake in the team from the Buss family for $10 billion. Kushner and Iger moved swiftly to finalize terms over a rapid three-day window after previously exploring a Las Vegas expansion franchise. The transaction occurs as Walter's broader business entities face heightened federal scrutiny, and it follows a transitional roster period that includes LeBron James's departure to Philadelphia and Luka Doncic taking up the mantle as the club's cornerstone player. The multi-billion dollar acquisition remains subject to formal review and final authorization by the NBA Board of Governors.
Prepared by Emily Rhodes and reviewed by editorial team.
- Articles Published:
- 31
- Right Leaning:
- 2
- Left Leaning:
- 3
- Neutral:
- 26
- Distribution:
- Left 10%, Center 84%, Right 6%
Left: Frame the deal through ultra-wealth accumulation and corporate media power dynamics. Center: Focus strictly on financial valuations, transaction speed, and ownership metrics. Right: Emphasize free-market capitalization success and elite entrepreneurial sports investment triumph.
ESPN published initial breaking report regarding the $12.5 billion Lakers sale on August 12, 2026. https://www.espn.com/nba/story/_/id/40000000/sources-lakers-agreed-sale-josh-kushner-bob-iger-12-5b
Coverage of Story:
From Left
Record-breaking $12.5 billion deal for Lakers comes just months after previous sale
The Washington Post CNN The Daily BeastFrom Center
Inter Milan Agrees £30M Deal to Sign Djed Spence from Tottenham
Sky Sports ESPN Associated Press Reuters Fox Sports Financial Express Al Jazeera GiveMeSport RealGM Eastern Herald Bloomberg Wall Street Journal Los Angeles Times The Athletic CBS Sports NBC Sports Yahoo Sports Bleacher Report Hollywood Reporter Variety USA Today Sports Illustrated Front Office Sports The Hollywood Reporter TMZ Sports ABC NewsFrom Right
Josh Kushner and Bob Iger pull off stunning $12.5B buyout of Los Angeles Lakers
New York Post Fox Business
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