India, Aug. 12 -- The Lakers are reportedly being sold to Josh Kushner, the founder of Thrive Capital, and Bob Iger, the former CEO of Disney, for an unprecedented price exceeding $12 billion, as per sources referenced by Ramona Shelburne of ESPN.com.

Kushner and Iger had previously participated in the expansion efforts in Las Vegas. However, in a surprising development, they shifted their focus to present a bold offer to acquire the Lakers from Mark Walter, who had acquired a controlling stake in the team from the Buss family last year.

Kushner and Iger issued a statement regarding the sale, which included the following excerpt, "We are deeply honored for the opportunity to become stewards of the Los Angeles Lakers. ... We have immense...