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By Matt Audilet
Contributing Sports Writer
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After just one year of ownership, Mark Walter is selling the Los Angeles Lakers to Josh Kushner and Bob Iger for a record-breaking price of $12.5 billion, according to multiple reports.
Luka Doncic, who just finished his first full season as a member of the Lakers franchise, released a public statement regarding the sale on social media.
"Being a Laker means everything to me, and I’m excited to get back on the court and bring a championship to LA," Doncic wrote on X. "I’ve gotten used to big changes over these last few years, but I know that no matter what, there is no limit to the potential of this iconic franchise. I look forward to meeting Josh and Bob so we can get to work building something special in LA together."
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Doncic is now the clear centerpiece of the Lakers' franchise following the departure of LeBron James, who left the team in free agency this offseason.
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"As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world. We have immense respect for the leadership and vision of Jerry and Jeanie Buss," Kushner and Iger said in a statement, via ESPN's Ramona Shelburne. "Our long-term commitment is to build on that foundation, compete at the highest level, and serve this extraordinary team, its fans, and the city of Los Angeles."
The Lakers will open up their 2026-27 schedule with a matchup against the Golden State Warriors on Oct. 21.
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