A significant development in the sports world has been reported, with the Los Angeles Lakers being sold to new owners. The buyers are Josh Kushner and Bob Iger, who are purchasing the team for a substantial amount. 5 billion, a record-breaking figure.

This is the second major sale of its kind in the past year. Further details about the sale can be found through The Associated Press, which broke the story based on information from a person familiar with the terms of the agreement.