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.