The Lakers have been sold for a record $12.5 billion. What happens now?

AI Summary

The Los Angeles Lakers have been agreed to be sold for a record $12.5 billion to purchasers Joshua Kushner and Bob Iger. The sale is pending regulatory approval and could take several months to complete.

Although Joshua Kushner and Bob Iger reached an agreement to buy the Lakers, the transaction still needs to be approved. It could take months.