Los Angeles Lakers Sold Again in Record-Breaking $12.5B Deal

Miles J. Edwards August 12, 2026

Less than a minute

Josh Kushner and Bob Iger partner to acquire controlling interest from Mark Walter less than a year after his purchase.

Less than a year after a historic $10 billion buyout, rumors are swirling that the Los Angeles Lakers could be changing hands again in a record-breaking $12.5B deal. With heavy hitters like Josh Kushner and Bob Iger potentially stepping into the court, what does this mean for Jeanie Buss, Luka Dončić, and the future of the Purple and Gold?

Miles J. Edwards

Founder & Creative Chief Architect, Art, Trade & Lifestyle Media Group Miles J. is an award-winning professional writer, filmmaker, and journalist with three decades of deep-rooted expertise in media production and investigative storytelling. As the founder and Creative Chief Architect of Art, Trade & Lifestyle Media Group, he leads editorial strategy and high-fidelity content development across expanding regional bureaus, focusing on the critical intersections of public policy, emerging technology, and urban infrastructure. A native of the California Bay Area and a long-time resident and community advocate in metro Atlanta, Miles J. brings a unique, bi-coastal perspective to modern journalism. His current editorial work includes building comprehensive policy blueprints for state gubernatorial races and producing forward-looking docuseries that examine municipal development, transit innovations, and workforce evolution. Committed to lifelong learning and cutting-edge industry standards, he actively couples traditional journalistic integrity with modern marketing management frameworks to shape the future of digital news architecture. Expertise: Public Policy, Emerging AI Technologies, Transit Infrastructure, Urban Development, Media Architecture. Credentials & Affiliations: Member of the Atlanta Media Press Core, Project Callisto Search Quality Evaluator.