business
Bob Iger, Josh Kushner to buy Lakers for $12 billion, ESPN reports
Summary by The Piney Point Editorial Desk ESPN , as published by ABC13 Houston (KTRK)
· August 12, 2026
· 1 min read
Photo: ABC13 Houston (KTRK) · view original
Story provenance No corrections
Summary created by The Piney Point Editorial Desk — automated, rule-governed Byline on source page ESPN, as published by ABC13 Houston (KTRK) 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 of the team is reportedly over $12 billion, which is a record-breaking amount.
A significant transaction is underway in the world of sports, with the Los Angeles Lakers being sold. The buyers are American businessmen Bob Iger and Josh Kushner. The sale price of the team is reportedly over $12 billion, which is a record-breaking amount.
This information comes from multiple sources, as reported by ESPN. Further details about the sale can be found through ESPN, as the transaction is currently making headlines in the sports world, and locals in Piney Point Village can follow the story through their reports.
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About this story
As published by ABC13 Houston (KTRK) . The Piney Point 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 ABC13 Houston (KTRK) . Have a tip or correction? Contact our newsroom .
Category: business Published: August 12, 2026 Source: ABC13 Houston (KTRK) Reading time: 1 min
Frequently asked about this story
What is this story about? A significant transaction is underway in the world of sports, with the Los Angeles Lakers being sold. The buyers are American businessmen Bob Iger and Josh Kushner. The sale price of the team is…
When was this published? This article was first published on August 12, 2026 by ABC13 Houston (KTRK) and curated for The Piney Point readers.
Who reported this story? This story was reported by ESPN at ABC13 Houston (KTRK). To learn more about how The Piney Point selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Piney Point, or browse our daily briefing and topic hubs .
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