Walter's Lakers sale leaves Dodgers out of deal

Reported price exceeds $12 billion

Wire Report IntelligenceUpdated Aug 121 min read

Walter is only selling the Lakers in this transaction, sources said. He’s retaining the Dodgers. Via @ramonashelburne on X

What happened: Josh Kushner and Bob Iger are reported buyers of the NBA franchise. Walter acquired majority control at a $10 billion valuation in October 2025.

Why it matters: The Lakers face another ownership transition before the 2026-27 season. The transaction would end the brief period in which Walter controlled both Los Angeles franchises.

By the numbers: The reported price is more than $2 billion above the Lakers' 2025 valuation, an increase of at least 20%.

What to watch: Watch for formal terms and an NBA ownership approval timeline.

Sources

@TheSteinLine 2026-08-12T14:34:45.737686+00:00

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Walter's Lakers sale leaves Dodgers out of deal

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