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“Using the Buss Family as Scapegoats”: Josh Kushner’s Lakers Takeover Plans Under Threat as Analyst Claims $6 Billion Problem
The prospective owners are lining up minority stakes of $250 million to $300 million as the NBA reviews the record $12.5 billion deal, sources said.
- Thrive Capital founder Josh Kushner and former Disney CEO Bob Iger agreed to purchase the Los Angeles Lakers from owner Mark Walter for $12.5 billion, though Bill Simmons alleges the group remains $5-6 billion short on financing.
- Walter agreed to sell the franchise just 10 months after purchasing it for $10 billion, marking the second ownership change in 14 months.
- Front Office Sports refuted the shortfall claims, noting the group is actively shopping minority stakes with a $250 million entry point for investors.
- Amid the sale, a legal dispute involving the Buss family's remaining 17.8% stake has emerged, with Jeanie Buss fighting to retain her role as governor.
- Pending NBA approval, the review process will determine the final ownership structure, a task that typically takes three to six months to complete.
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Bill Simmons says Josh Kushner still '$5-6 billion' short on Lakers deal
The sudden sale of the Los Angeles Lakers was one of the most shocking storylines of the NBA offseason. The news seemed to come out of nowhere, with Mark Walter essentially flipping the franchise that he bought for $10 billion in 2025, agreeing to sell to a group that included Josh Kushner (venture capitalist and…
“Using the Buss Family as Scapegoats”: Josh Kushner’s Lakers Takeover Plans Under Threat as Analyst Claims $6 Billion Problem
The $12.5 billion sale of the Lakers was supposed to be a done deal. More than two months later, it still hasn’t closed, and Jeanie Buss’ fight with her siblings has been the obvious explanation. Bill Simmons isn’t so sure that’s the real reason. On a recent episode of The Bill Simmons Podcast, Simmons claimed […]
·Lewes, United States
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Total News Sources12
Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
Factuality
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