business
Report: Lakers to be sold to Bob Iger, Josh Kushner for $12.5 billion
Summary by The Atlanta Editorial Desk Bob D'Angelo, Cox Media Group National Content Desk , as published by WSB-TV (ABC) - News
· August 12, 2026
· 1 min read
Photo: WSB-TV (ABC) - News · view original
Story provenance No corrections
Summary created by The Atlanta Editorial Desk — automated, rule-governed Byline on source page Bob D'Angelo, Cox Media Group National Content Desk, as published by WSB-TV (ABC) - 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 Lakers have a rich history, with 17 NBA titles won overall.
A significant development has occurred in the world of professional basketball, with the Los Angeles Lakers being sold. The team is reportedly being acquired by former Disney CEO Bob Iger and US businessman Josh Kushner. 5 billion.
This transaction comes after the team was previously sold for $10 billion just 14 months ago. The Lakers have a rich history, with 17 NBA titles won overall. Further details about the sale are available from the source, including the circumstances surrounding the acquisition and the backgrounds of the new owners.
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As published by WSB-TV (ABC) - 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 WSB-TV (ABC) - News . Have a tip or correction? Contact our newsroom .
Category: business Published: August 12, 2026 Source: WSB-TV (ABC) - News Reading time: 1 min
Frequently asked about this story
What is this story about? A significant development has occurred in the world of professional basketball, with the Los Angeles Lakers being sold. The team is reportedly being acquired by former Disney CEO Bob Iger and US…
When was this published? This article was first published on August 12, 2026 by WSB-TV (ABC) - News and curated for The Atlanta readers.
Who reported this story? This story was reported by Bob D'Angelo, Cox Media Group National Content Desk at WSB-TV (ABC) - News. To learn more about how The Atlanta selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Atlanta, or browse our daily briefing and topic hubs .
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