• Mark Walter bought team last year for $10bn

  

  

• Iger and Kushner aim to ‘compete at the highest level’

Josh ⁠Kushner and Bob Iger ⁠are purchasing ⁠the ​Los Angeles Lakers for more ⁠than $12.5bn in a record-breaking ⁠deal, ESPN reported ​on ‌Wednesday, citing ‌sources with knowledge ‌of the deal.

Billionaire Mark Walter purchased a majority stake of the ‌NBA team last year from the Buss family in a ​deal that valued the club at $10bn, with ⁠the deal only ​having ​been approved ​by the board ​of ‌governors ​in ​October.