The Billion Dollar Bandwagon: What the Lakers Sale Reveals About the NBA's New Power Brokers The news that the Los Angeles Lakers have been sold for $12.
5 billion to a group led by Josh Kushner and Bob Iger has sent shockwaves through the NBA world, leaving fans, players, and executives stunned.
This sale marks a new era of corporate ownership in the NBA, with private equity firms and venture capital groups increasingly muscling their way into the sport.