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Inside the increasing values of sports franchises amid the Lakers $12.5 billion sale

CBS News · August 13, 2026 at 3:29 PM

Inside the increasing values of sports franchises amid the Lakers $12.5 billion sale

News broke on Wednesday that the Los Angeles Lakers will be sold to Bob Iger and Josh Kushner for $12.5 billion.

Mike Vorkunov, national NBA and basketball business reporter for the Athletic, joins CBS News to discuss.

Read the full article on CBS News ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS News.

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