High Alert
Fortune

Jerry Buss made the Lakers Hollywood. Bob Iger and Josh Kushner reportedly bought the show for record-breaking $12.5 billion, up 21% in just 14 months

Jerry Buss made the Lakers Hollywood. Bob Iger and Josh Kushner reportedly bought the show for record-breaking $12.5 billion, up 21% in just 14 monthsWorldPing

The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.

This is a short WorldPing brief. The full report was published by Fortune.

Read the full report at Fortune

Related news

ESPN

Sources: Kushner, Iger to buy Lakers for $12.5B

The Lakers are being sold to businessmen Josh Kushner and Bob Iger for $12.5 billion, a record-breaking price, multiple sources told ESPN.

Brief by WorldPing · Original reporting by ESPN