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Inside the increasing values of sports franchises amid the Lakers $12.5 billion sale

News broke on Wednesday that the Los Angeles Lakers will be sold to Bob Iger and Josh Kushner for $12.5 billion. Mike Vorkunov, national NBA and basketball business reporter for the Athletic, joins CBS News to discuss.

Published August 13, 2026, 7:29 PM
Updated August 13, 2026, 7:40 PM3.4K
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Inside the increasing values of sports franchises amid the Lakers $12.5 billion sale

News broke on Wednesday that the Los Angeles Lakers will be sold to Bob Iger and Josh Kushner for $12.5 billion. Mike Vorkunov, national NBA and basketball business reporter for the Athletic, joins CBS News to discuss.

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