Los Angeles Lakers sold to Bob Iger, Josh Kushner for $12 billion
The record deal comes less than a year after Mark Walter bought the franchise, and the new owners say they will build on the Buss family legacy.
- 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.
309 Articles
309 Articles
Jewish businessmen Joshua Kushner, Bob Iger buy Los Angeles Lakers for record $12.5b
Jared Kushner’s brother and the longtime Disney CEO kvell at the prospect of owning an “iconic” team. The post Jewish businessmen Joshua Kushner, Bob Iger buy Los Angeles Lakers for record $12.5b appeared first on Jewish Telegraphic Agency.
The Los Angeles Lakers set a record for the sale of a North American sports team on Wednesday.
Sydney Morning Herald
LA Lakers sold in record $17.7b deal as Trump associate and former Disney chief swoop
Josh Kushner and Bob Iger sealed a deal to buy the iconic NBA franchise from billionaire financier Mark Walter, who only bought it last year.
The emblematic franchise will have new owners who, as advanced by the ESPN chain, bought it at a record price.
According to press reports, Josh Kushner and Bob Iger have made a $12.5 billion offer for the iconic basketball team.
Josh Kushner jointly buys LA Lakers in deal worth $21b, in wake of FIFA ‘anchor investor’ plan falling through
The younger brother of Donald Trump’s son-in-law Jared is buying the LA Lakers NBA team, along with former Disney CEO Bob Iger, for a record high price.
Coverage Details
Bias Distribution
- 53% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
