A significant transaction has taken place in the local sports scene. The Los Angeles Lakers have been purchased by new owners. Josh Kushner, along with a former CEO of Disney, are behind the acquisition.

The purchase price is notable, setting a record. Further information about the sale can be found in World Magazine, which reported on the transaction. Details about the implications of the purchase and the future of the team are not available in this brief, but locals can turn to the original source for more information.