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

August 13, 2026 at 07:29 PM

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.

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

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