Bob Iger, Josh Kushner to buy Los Angeles Lakers

CNBC hosts discuss ESPN's report that Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers for about $12 billion, a record price after Mark Walter's $10 billion purchase a year earlier. They highlight the rapid one-year appreciation, questions around financing, Kushner's venture track record and failed FIFA bid, and a federal probe into loans tied to Walter. The conversation also touches on broader sports franchise valuations and the apparent lack of a ceiling. - Bob Iger and Josh Kushner confirm a deal to acquire the Los Angeles Lakers for around $12 billion. - The price would mark a record and reflect about a 20% increase from Mark Walter's prior $10 billion purchase. - Hosts raise questions about how the acquisition is financed given reported net worths. - Josh Kushner's prior effort to buy a FIFA-related private stake failed after soccer federation backlash. - A federal probe is reported into loans tied to Mark Walter's companies. - The discussion notes sports franchise valuations keep rising despite uncertain returns on invested capital.