Los Angeles Lakers sold to Bob Iger, Josh Kushner for $12 billion
Buyers Josh Kushner and Bob Iger plan long-term commitment to the Lakers, respecting the Buss family's legacy and aiming to compete at the highest level.
- On Wednesday, businessman Josh Kushner and former Disney executive Bob Iger agreed to purchase the Los Angeles Lakers for more than $12 billion, according to ESPN reports.
- The sale follows billionaire Mark Walter's acquisition of a controlling interest in the Lakers last October for $10 billion, marking rapid ownership transition for the historic franchise.
- Jerry Buss purchased the Lakers in 1979, and the Buss family controlled the franchise for 46 years before Walter's 2025 acquisition ended their long-term ownership legacy.
- In a joint statement, Kushner and Iger expressed respect for Jerry and Jeanie Buss, committing to build on the foundation of the Los Angeles Lakers.
- Kushner, founder of Thrive Capital, recently became a key figure in a private equity fracas involving FIFA's plans to sell minority stakes at $20 billion valuation.
209 Articles
209 Articles
The Lakers will probably be sold again – this time to Joshua Kushner, whose name just appeared in FIFA's investor plans. It could be the most expensive sale of sports history.
NBA's Los Angeles Lakers to be sold for $12.5 bn: ESPN
The sale, which would mark a record-breaking valuation for a North American sports franchise, comes only about a year after billionaire Mark Walter agreed to buy a controlling interest in the team in a then-record $10 billion deal. Kushner is the brother of Jared Kushner, US President Donald Trump's son-in-law. "As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sp…
Lakers to Be Sold to Josh Kushner, Bob Iger for $12.5 Billion
LOS ANGELES (VINnews) — The Los Angeles Lakers are being sold to an ownership group led by Josh Kushner and Bob Iger for $12.5 billion, the businessmen confirmed Wednesday, according to NBC News. The deal would make the Lakers one of the most valuable sports franchises in the world. The team was sold to businessman […]
Bob Iger, former Disney CEO, and investor Joshua Kushner are the new owners of the Lakers.
Coverage Details
Bias Distribution
- 54% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
