Iger, Kushner purchasing Lakers for record $12.5 billion

Bob Iger and Jared Kushner are reportedly part of a group purchasing the Los Angeles Lakers NBA franchise for a record-breaking $12.5 billion, making it the most expensive sports team sale in history. The deal would surpass previous records for franchise valuations in professional sports. The sale marks a significant ownership transition for one of the NBA's most storied and valuable franchises.