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Report: Mark Walter, Josh Kushner finalize L.A. Lakers sale at 12.5B valuation

waleed is king
Published on 2026-11-01 18:18:00
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Report: Mark Walter, Josh Kushner finalize L.A. Lakers sale at 12.5B valuation

Lakers owner Mark Walter and Thrive Capital founder Josh Kushner have “agreed on all outstanding terms of the sale of the team” at a $12.5B valuation, according to sources cited by ESPN.com. Sources said that the two men “met in person Thursday” at Walter’s home in Florida. Sources also said that Kushner has “assured Walter he has raised all the money necessary to complete the sale” (ESPN.com, 10/30). The report follows comments from Bill Simmons on his podcast that called into question the status of the deal.

Josh Kushner is still $5-6 BILLION short on the Lakers deal and Bob Iger is only putting in "like 63 million dollars," per

— NBABase (@TheNBABase)[@BillSimmons]

"I think they're using the Buss family as scapegoats for why the deal's dragging along, but he can't find the money."[pic.twitter.com/pY9tSIc1R4][October 30, 2026]

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