What happened: Ramona Shelburne reported that Kushner and Iger pivoted to an aggressive offer to buy the club from Mark Walter. Multiple sources told ESPN the transaction is in progress.
Why it matters: The price would set a record for a North American sports franchise. It also would bring another ownership change after Walter took control in 2025.
By the numbers: The reported price exceeds $12 billion, at least $2 billion above the Lakers' $10 billion valuation in 2025. That represents an increase of at least 20%.
What to watch: Formal terms, a closing timeline and any required NBA approval are the next developments to watch.