Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says

The Los Angeles Lakers have sold — again.

Less than a year after buying a controlling ownership stake in the NBA’s Lakers, Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement.

The deal values the team at $12.5 billion, according to a person familiar with the matter, who was not authorized to speak publicly about the terms of the sale.