(FILES) Disney CEO Bob Iger attends the premiere of "Doctor Odyssey" at the Bel-Air Bay Club in Pacific Palisades, California, on September 18, 2024. The Los Angeles Lakers, one of the most successful teams in NBA history, are being sold to former Disney CEO Bob Iger and investor Joshua Kushner in a deal valued at a reported $12.5 billion. The sale announced on August 12, 2026 would mark a record-breaking valuation for a North American sports franchise and comes only about a year after billionaire Mark Walter agreed to buy a controlling interest in the team in a then-record $10 billion deal. (Photo by Etienne LAURENT / AFP via Getty Images)