Los Angeles Lakers sold to Bob Iger, Josh Kushner for $12 billion
The deal would set a new record for a U.S. sports franchise and still needs approval from the NBA board of governors.
- 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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441 Articles
Magic Johnson Reacts After Lakers Are Sold To New Owners Less Than A Year After Previous Deal
ZUMAPRESS.com / MEGAZUMAPRESS.com / MEGA The Los Angeles Lakers are experiencing even more change just weeks after the team’s star player, LeBron James, exited the iconic organization for greener pastures. According to several new reports, the California-based NBA team has received a new owner just under a year after it was sold to Mark Walter for $10 billion in 2025. Two Lakers stars have broken their silence since the deal occurred, including …
LA Lakers Sold to Ex-Disney CEO and Jared Kushner's Brother for Record-Breaking Price
One of the NBA’s premiere franchises was sold — again — in a surprising move that has the basketball world buzzing. According to multiple reports, the Los Angeles Lakers have […] The post LA Lakers Sold to Ex-Disney CEO and Jared Kushner's Brother for Record-Breaking Price appeared first on The Western Journal.
Jared Kushner's brother Joshua, former Disney CEO Bob Iger, buying NBA's Los Angeles Lakers team
The sale comes barely a year after the team’s controlling stake was sold for $10 billion to Mark Walter, the billionaire CEO of Guggenheim Partners who also owns MLB’s Los Angeles Dodgers.
Los Angeles Lakers sold for record $12.5 billion
Former Disney chief Bob Iger and investor Josh Kushner are buying the NBA’s Los Angeles Lakers for a record-setting $12.5 billion, just 14 months after the team sold for $10 billion. Valuations for professional sports franchises have soared to eye-popping levels, as billionaires search for a dwindling number of trophy assets: Last month, the estate of late Microsoft co-founder Paul Allen sold the Seattle Seahawks to venture capitalist Vinod Khos…
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