Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion

Josh Kushner and Bob Iger agreed to purchase the Los Angeles Lakers for over $12 billion, according to Bloomberg. The price represents the highest valuation for an NBA team at the time of the sale. Kushner is a venture capital investor and brother of Jared Kushner. Iger is the former chief executive officer of The Walt Disney Company.

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