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.
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118 Articles
Magic Johnson Sends Strong Message After Lakers’ Stunning Ownership Change
Magic Johnson sends a strong message about Bob Iger and Josh Kushner after the Lakers’ stunning $12.5 billion ownership change. The post Magic Johnson Sends Strong Message After Lakers’ Stunning Ownership Change appeared first on HEAVY.
12,500,000,000 US dollars: The Los Angeles Lakers will be relegated for a record sum. This time Joshua Kushner from Donald Trump's private environment will hit. Kushner should give the investor the chance to place his World Cup sales plans in Gianni Infantino's.
Josh Kushner and Bob Iger, former Disney CEO, bought the historic Los Lakers franchise from the millionaire Mark Walter, who acquired the team just last year.
The Los Angeles Lakers are one of the most famous sports teams in the world. Now the basketball team is changing hands again – probably for a record prize.
The ESPN network reports this transaction. Mark Walter, owner of the Lakers, would be very close to closing the highest sale of a club in the history of the NBA
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