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Bob Iger, Josh Kushner buy the Los Angeles Lakers for $12.5 billion, reports say
Summary by The Atlanta Editorial Desk · Byline on the source page: Dorothy Sedovic , as published by Atlanta News First (WANF CBS) - News
· August 12, 2026
· 1 min read
Photo: Atlanta News First (WANF CBS) - News · view original
Story provenance No corrections
Summary created by The Atlanta Editorial Desk — automated, rule-governed Byline on source page Dorothy Sedovic, as published by Atlanta News First (WANF CBS) - News Original story Read at the source Source published Aug 12, 2026 Indexed here Aug 12, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The sale price is reported to be around $12 billion, although some sources mention $12.
A significant sale has taken place in the sports world, with the Los Angeles Lakers being sold to new owners. The team is being purchased by Bob Iger, the former CEO of Disney, and Josh Kushner, a venture capital firm founder. 5 billion.
This is a record-breaking amount and the second major sale of the team in a year. Further details about the sale and the new ownership are available from news sources, including the Associated Press and ESPN, which first reported the story.
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About this story
As published by Atlanta News First (WANF CBS) - News . The Atlanta surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Atlanta News First (WANF CBS) - News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: August 12, 2026 ·
Source: Atlanta News First (WANF CBS) - News ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A significant sale has taken place in the sports world, with the Los Angeles Lakers being sold to new owners. The team is being purchased by Bob Iger, the former CEO of Disney, and Josh Kushner, a…
When was this published? This article was first published on August 12, 2026 by Atlanta News First (WANF CBS) - News and curated for The Atlanta readers.
Who reported this story? This story was reported by Dorothy Sedovic at Atlanta News First (WANF CBS) - News. To learn more about how The Atlanta selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Atlanta, or browse our daily briefing and topic hubs .
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