Lakers Rumors: Josh Kushner & Bob Iger Not Planning To Buy Sparks From Mark Walter

Incoming Los Angeles Lakers owners Josh Kushner and Bob Iger are reportedly not expected to purchase the Los Angeles Sparks from Mark Walter. Although the pair discussed acquiring the WNBA franchise, they have chosen not to pursue a deal and will instead focus entirely on the Lakers. Walter is currently moving to divest several sports properties, having already agreed to sell his majority stake in the Lakers and his interest in Chelsea Football Club.

Walter is reportedly seeking $700 million for the Sparks and their upcoming practice facility, which would more than double the current WNBA record sale price of $300 million. Meanwhile, Kushner and Iger are expected to officially take control of the Lakers following an NBA Board of Governors vote scheduled for November.