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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.

CBS News

Published Aug 13, 2026 at 3:29 PM ET

Summary based on reporting from CBS News.

Read the full report at CBS News(opens in a new tab)

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