The NBA landscape continues to shift ahead of the 2026–27 season, with a record franchise sale in Los Angeles leading the latest developments around the league.
Lakers Sold for Record $12.5 Billion
Josh Kushner and former Disney CEO Bob Iger have agreed to purchase the Los Angeles Lakers in a record-breaking $12.5 billion deal, the largest sale valuation for a U.S. professional sports franchise. The transaction still requires NBA approval.
With LeBron James now in Philadelphia, Los Angeles has entered a new era centered around Luka Dončić, making the ownership transition even more significant for one of basketball’s most recognizable franchises.
Lakers Continue Looking for Shooting
Los Angeles continues to explore ways to add perimeter shooting and wing help around Dončić. Max Strus has surfaced as a possible target or alternative, while Jonathan Kuminga remains among the names connected to the Lakers.
The Strus discussion should be viewed with caution. Some of the material circulating is based on proposed trade frameworks rather than confirmation that the teams are actively negotiating a deal.
Cavaliers Remain Confident About James Harden
The Cleveland Cavaliers reportedly are not concerned about the delay in finalizing James Harden’s next contract. Cleveland continues to expect Harden to re-sign, with the situation viewed more as a matter of timing than uncertainty over his future with the team.
Stephen Curry Expected to Stay in Golden State
Warriors general manager Mike Dunleavy Jr. says the organization is confident Stephen Curry wants to finish his career with Golden State. Curry is also approaching eligibility for another extension, further reinforcing the expectation that the franchise icon is not going anywhere.
The Lakers sale remains the day’s biggest confirmed NBA business story. Reports concerning Rob Pelinka have been excluded pending stronger sourcing and confirmation.
