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Bob Iger, Josh Kushner to buy Lakers for $12 billion, ESPN reports
Summary by The Woodlands Editorial Desk ESPN , as published by ABC13 Houston
· August 12, 2026
· 1 min read
Photo: ABC13 Houston · view original
Story provenance No corrections
Summary created by The Woodlands Editorial Desk — automated, rule-governed Byline on source page ESPN, as published by ABC13 Houston Original story Read at the source Source published 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 buyers are identified as Bob Iger and Josh Kushner, and the sale price is said to be over $12 billion.
A major development in the sports world is being reported by ESPN, with implications for one of the most iconic teams in the NBA. The Los Angeles Lakers are reportedly being sold to two American businessmen. The buyers are identified as Bob Iger and Josh Kushner, and the sale price is said to be over $12 billion.
This price is notable for being a record-breaking amount. Further details on the sale can be found through ESPN, as multiple sources have shared information with the network about this significant transaction.
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As published by ABC13 Houston . The Woodlands 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 . Have a tip or correction? Contact our newsroom .
Category: business Published: August 12, 2026 Source: ABC13 Houston Reading time: 1 min
Frequently asked about this story
What is this story about? A major development in the sports world is being reported by ESPN, with implications for one of the most iconic teams in the NBA. The Los Angeles Lakers are reportedly being sold to two American…
When was this published? This article was first published on August 12, 2026 by ABC13 Houston and curated for The Woodlands readers.
Who reported this story? This story was reported by ESPN at ABC13 Houston. To learn more about how The Woodlands selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Woodlands, or browse our daily briefing and topic hubs .
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