American businessman and former basketball great
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
AP News previews major college basketball preseason with spotlight on Big East players and teams. Fears, Demary Jr., and others have earned preseason honors as conference media days highlight leaders and title contenders.