A notable transaction is underway in the world of sports. The Los Angeles Lakers are being purchased for a record-breaking amount. The buyers are Josh Kushner, an American businessman, and Bob Iger, a former executive at Disney.
The price tag for the team is $12.5 billion. This information was reported by ESPN on Wednesday.
Further details about the purchase can be found through ESPN's reporting on the matter.
Recent coverage curated from local and regional sources.
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