{"id":1566,"section":"sports","section_label":"Sports","url":"https://www.brokenews.co/sports/1566","headline":"Walter and Kushner finalize terms of Lakers sale at $12.5 billion","dek":"The two sides met Thursday to lock down the agreement after questions swirled about whether Kushner's group actually had the money.","body":"Mark Walter and Josh Kushner have agreed on all outstanding terms for the sale of the Lakers, with the franchise valued at $12.5 billion. Kushner, the Thrive Capital founder, met with Walter on Thursday to finalize the transaction, and sources say a formal agreement is expected to be signed soon.\n\nThe deal has been a talking point since it first surfaced in August, when Walter agreed to sell the team he bought for $10 billion in 2025 to a group including Kushner and Disney's former CEO Bob Iger. The speed of the flip raised eyebrows around the league.\n\nThose eyebrows got a workout this week after Bill Simmons claimed on his podcast that \"the Lakers guy doesn't have the money yet,\" suggesting Kushner was short several billion dollars on the purchase. That claim has since been undercut by reporting that the sides had in fact agreed on all terms and were moving toward signing.\n\nThe Lakers sale remains one of the largest transactions in sports history, and the final signature will make it official.","published_at":"2026-10-30T22:50:35.094986+00:00","source_count":4,"written_from":[{"outlet":"Yahoo Sports","publisher":"Yahoo Sports","title":"Mark Walter, Josh Kushner have agreed on all outstanding terms of the sale of Lakers at $12.5 billion evaluation","url":"https://sports.yahoo.com/articles/mark-walter-josh-kushner-agreed-232659095.html"},{"outlet":"ESPN","publisher":"ESPN","title":"Sources: Walter, Kushner finalize terms of Lakers sale at $12.5B valuation","url":"https://www.espn.com/nba/story/_/id/50331319/sources-mark-walter-josh-kushner-finalize-lakers-sale"},{"outlet":"New York Post","publisher":"New York Post","title":"Bill Simmons’ Lakers sale bombshell begins to unravel amid new report","url":"https://nypost.com/2026/10/30/sports/bill-simmons-lakers-sale-bombshell-unravels-new-report/"},{"outlet":"Awful Announcing","publisher":"Awful Announcing","title":"Bill Simmons says Josh Kushner still ‘$5-6 billion’ short on Lakers deal","url":"https://awfulannouncing.com/nba/bill-simmons-josh-kushner-5-6-billion-short-lakers-sale.html"}],"more_coverage":[{"outlet":"New York Post","publisher":"New York Post","title":"Mark Walter claims he wasn’t selling Lakers –– until phone call that changed everything","url":"https://nypost.com/2026/10/29/sports/one-phone-call-triggered-mark-walter-shock-lakers-sale/"},{"outlet":"Yahoo Sports","publisher":"Yahoo Sports","title":"Lakers sale takes stunning turn as Josh Kushner’s deal hits financial roadblock","url":"https://sports.yahoo.com/articles/lakers-sale-takes-stunning-turn-144519648.html"},{"outlet":"Yahoo Sports","publisher":"Yahoo Sports","title":"Lakers rumors: Bill Simmons drops shocking bombshell claim on Josh Kushner being short billions for franchise sale","url":"https://sports.yahoo.com/articles/lakers-rumors-bill-simmons-drops-162545891.html"},{"outlet":"Yahoo Sports","publisher":"Yahoo Sports","title":"Bill Simmons says Josh Kushner still ‘$5-6 billion’ short on Lakers deal","url":"https://sports.yahoo.com/articles/bill-simmons-says-josh-kushner-190009416.html"},{"outlet":"Yahoo Sports","publisher":"Yahoo Sports","title":"Bill Simmons Wrong About The Lakers… Again","url":"https://sports.yahoo.com/articles/bill-simmons-wrong-lakers-again-234716863.html"},{"outlet":"New York Post","publisher":"New York Post","title":"Lakers’ $12.5B sale to Josh Kushner finalized at Mark Walter’s Florida home","url":"https://nypost.com/2026/10/30/sports/lakers-sale-finalized-josh-kushner-mark-walters/"},{"outlet":"Yahoo Sports","publisher":"Yahoo Sports","title":"Mark Walter explains why he sold his share of the Lakers","url":"https://sports.yahoo.com/articles/mark-walter-explains-why-sold-001542917.html"}],"image":{"url":"https://a.espncdn.com/combiner/i?img=%2Fphoto%2F2026%2F0901%2Fr1710146_1296x729_16%2D9.jpg","credit":"ESPN","width":1296},"embed":null,"license":"https://creativecommons.org/licenses/by/4.0/","attribution":"Analysis data is licensed CC BY 4.0. Credit brokenews and link to the story page you took it from. Source headlines, story titles taken from a source headline, and quoted passages remain the property of their publishers and are quoted for comparison, not licensed onward.","terms":"https://www.brokenews.co/about#reuse"}