Los Angeles Lakers Sale to Josh Kushner Finalized

The sale of the Los Angeles Lakers has been officially finalized between owner Mark Walter and venture capitalist Josh Kushner for $12.5 billion. This agreement was confirmed by sources to the California Post.

Kushner has secured the necessary funding to complete the transaction, as stated by sources. The two met at Walter's Florida residence to finalize the remaining terms of the deal.

Walter had previously sold the Lakers to Kushner and former Disney CEO Bob Iger in August, just ten months after acquiring the team from the Buss family for $10 billion. The sale is now subject to approval by the NBA's board of governors.