The Los Angeles Lakers sold for $12.5 billion. Here’s what every NBA team is now worth

The Los Angeles Lakers are being sold for a record $12.5 billion by Mark Walter to Joshua Kushner and Bob Iger, representing approximately 20 times the team's 2025-26 season revenue — an all-time high multiple for a control stake in an NBA team. If approved, the sale would raise the average NBA team valuation by 21% to $6.68 billion. The Golden State Warriors would remain the most valuable franchise at $13 billion, while the New York Knicks and Chicago Bulls would each see the largest percentage increases at 26%.