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Lakers Sale Sparks TV Contract Exit Talks Amid Probe

8/22/2026

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Story summary
  • Charter executives discussed exiting the Lakers’ $3 billion TV contract that pays roughly $200 million annually.
  • Prospective Lakers owners Joshua Kushner and Bob Iger would inherit that uncertain long-term TV revenue stream.
  • Lakers owner Mark Walter abruptly announced a $12.5 billion sale of the team amid a federal criminal investigation.
  • The NBA is planning a centralized streaming hub that could reduce revenue for large-market teams such as the Lakers.