Los Angeles Lakers owner Mark Walter is reportedly selling the team for a staggering record of $12.5 billion, a deal that’s throwing the franchise into pure chaos. This isn’t just a big number, it’s a bombshell that’s rocking the entire league.
Who’s Stepping Up?
Venture capitalist Joshua Kushner, brother of President Trump’s son-in-law Jared Kushner, and former Disney CEO Bob Iger are the ones reportedly stepping up to buy the historic team. Talk about some serious heavy hitters coming in to take the reins of an iconic franchise.
Uncertainty Reigns After Free Agency Madness
This whole thing hits right after a wild free agency period, and frankly, nobody expected this kind of madness so soon. The last two weeks have been a whirlwind, and now with this ownership change, the rest of the offseason is gonna be spent with everyone wondering what the future of this whole franchise even looks like. It’s a massive shift in power, and the ripple effects are gonna be felt for a while.
Even with all this ownership drama swirling around, the actual team just wrapped up their tour in Slovenia, and they’re getting ready for the season. Fans definitely have a ton of questions right now, not just about the new owners, but about the NBA, the WNBA, and the team itself as they head into what promises to be an unpredictable year.
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by Silver Screen and Roll.
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