Mark Walter and Josh Kushner reportedly agree on Lakers sale terms at a $12.5 billion valuation

ESPN, citing sources close to the negotiations, reports that Lakers owner Mark Walter and Thrive Capital founder Josh Kushner agreed on all outstanding sale terms after meeting Thursday in Florida. They are expected to sign a formal agreement soon, after which the NBA would review the financing and ownership structure. The sources say Kushner assured Walter he had raised the money needed to complete the sale.