# LA Lakers sold in record $12.5 billion deal

The Los Angeles Lakers are being sold for a record $12.5 billion, setting a new high for a sports franchise purchase. The deal reflects the NBA team's immense value and global brand. The new ownership is expected to take over one of basketball's most storied franchises.

**Importance:** 4/5

## Sources

### World
- [BBC World](https://www.bbc.co.uk/sport/basketball/articles/c04k2dn422xo?at_medium=RSS&at_campaign=rss) — Wed, 12 Aug 2026 16:11:04 GMT
- [Al Jazeera](https://www.aljazeera.com/sports/2026/8/12/josh-kushner-bob-iger-buying-los-angeles-lakers-for-record-12-5bn?traffic_source=rss) — Wed, 12 Aug 2026 20:04:24 +0000