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Lakers being sold to Josh Kushner and Bob Iger for $12B: report
⏷ This article is from 2026-08-12 • More recent news →
xCruzo Brief
The Los Angeles Lakers are reportedly being sold to businessmen Josh Kushner and Bob Iger in a deal valued at more than $12 billion, ESPN reported Wednesday. The purchase is said to be from Mark Walter, who became the team’s majority owner after buying controlling interest from the Buss family in 2025. The NBA Board of Governors unanimously approved Walter’s acquisition in October. Kushner, a venture capitalist and founder/managing partner of Thrive Capital, is the brother of Jared Kushner. Iger, a former Disney CEO, served from 2005 to 2020 and again from 2022 to 2026. The story is still developing.
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