Iger, Kushner to buy Los Angeles Lakers in record $12.5bn deal

Bob Iger and Joshua Kushner are set to acquire the Los Angeles Lakers for a record $12.5 billion. This historic Lakers sale marks a new era for the NBA gia

Majority owner Mark Walter, who owns the Los Angeles Dodgers, is selling the historic basketball franchise 14 months after buying it for $10 billion, ESPN reports.

The deal surpasses the $10 billion valuation set when Mark Walter bought a controlling stake in the team less than a year ago

The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.

Josh Kushner's supermodel wife, Karlie Kloss, clearly has an affinity for Los Angeles, which works out after her husband's Lakers purchase.

The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Kushner and Iger for a record-breaking price.

Mark Walter bought the team just 14 months ago; now, Luka Dončić and friends have new owners as they try to get back into title contention

The Los Angeles Lakers are being sold to an ownership group led by Josh Kushner and former Disney CEO Bob Iger reportedly for a $12.5 billion. NBC News' Steve Patterson reports on the new ownership group buying the franchise that had just been bought in late 2025.

Josh Kushner’s reported Lakers purchase has put his fortune and family back in focus. The Thrive Capital founder is married to Karlie Kloss and has three children. He is also the younger brother of Jared Kushner and the son of Charles Kushner. With a reported $5.2 billion net worth, his latest NBA deal marks a major ne

The team has been home to some of the league's biggest superstars including Kareem Abdul-Jabbar, Shaquille O'Neal and the late Kobe Bryant.

The Lakers have a new ownership team for the second time in two years.

Guggenheim’s Mark Walter sells team after just a year of ownership amid US inquiry into insurance empire

Just last October, Mark Walter acquired a majority ownership stake in the Los Angeles Lakers from the Buss family.

Josh Kushner is married to supermodel Karlie Kloss, and they have three children together. His wife recently opened up about family dynamics with Trump.

Bob Iger and Josh Kushner agreed to buy the Los Angeles Lakers, they announced Wednesday. Sources told UPI that the deal is worth $12.5 billion.

Mark Walter sells the Los Angeles Lakers for record $12.5 billion: Who are the new owners, Josh Kushner and Bob Iger?  MARCA

The Los Angeles Lakers are set to be sold for a record-breaking $12.5bn (£9.25bn) to Josh Kushner, the venture capitalist who was at the centre of FIFA's proposed new commercial structure.

Los Angeles Lakers Sold In Blockbuster Deal To Josh Kushner, Bob Iger  HuffPost

The deal comes less than 1 year after Mark Walter purchased a majority stake from the Buss family for about $10 billion.

American businessman Josh Kushner and former Disney executive Bob Iger are purchasing the Los Angeles Lakers for a record-breaking price of US$12.5 billion, ESPN reported on Wednesday (Aug 12).Per the network, the duo purchased controlling interest from Mark Walter, who bought a controlling interest in the team from th

LA Lakers sell for a record $12 billion to ex-Disney CEO Iger and Jared Kushner’s brother Josh | CNN Business  CNN

American businessman Josh Kushner and former Disney executive Bob Iger are purchasing the Los Angeles Lakers for a record-breaking price of US$12.5 billion, ESPN reported on Wednesday.

Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year. This sale agreement is $12.5 billion US, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity Wednesday because neither side re

A blockbuster $12.5B deal as Josh Kushner and Bob Iger buy the Los Angeles Lakers, AP source says  Toronto Star

A blockbuster $12.5B deal as Josh Kushner and Bob Iger buy the Los Angeles Lakers, AP source says  AP News

Josh Kushner is the younger brother of former Trump adviser Jared Kushner

Former Disney CEO and Thrive Capital founder Josh Kushner confirmed that they have made an offer to buy the Los Angeles Lakers. Vianney Le Caer/Invision/AP; Jamie McCarthy/Getty Images Bob Iger and Josh Kushner are buying the Los Angeles Lakers. The purchase is a major step for Iger's next chapter after over 15 years

Fulfilling almost every American boy’s dream, Bob Iger has bought himself a big city sports franchise. The ex-Disney CEO and Josh Kushner’s Thrive Capital have scored the L.A. Lakers for $12 billion, Deadline has confirmed. “As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los A

One prominent group involved in the Las Vegas NBA expansion process has dropped out after the stunning purchase of the Los Angeles Lakers.

SUN VALLEY, IDAHO - JULY 08: Bob Iger, former CEO of Disney, attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 8, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun

Is Josh Kushner related to Jared Kushner after buying Lakers?  USA Today

Bob Iger and Josh Kushner are buying the Los Angeles Lakers, Variety has confirmed. The deal values the NBA team at $12.5 billion, according to a source close to the deal. The purchase, from the former Disney CEO and the Thrive Capital founder, comes just 14 months after the Lakers sold to Mark Walter at…

Shock $12bn Lakers sale smashes world-record and deals blow to Las Vegas expansion hopes  talkSPORT

Mark Walter bought team last year for $10bn Iger and Kushner aim to ‘compete at the highest level’ Josh ⁠Kushner and Bob Iger ⁠are purchasing ⁠the ​Los Angeles Lakers for more ⁠than $12.5bn in a record-breaking ⁠deal, ESPN reported ​on ‌Wednesday, citing ‌sources with knowledge ‌of the deal. Billionaire Mark Walter p

Billionaire Josh Kushner, Former Disney CEO Bob Iger Buy Los Angeles Lakers For Record $12 Billion, Report Says  Forbes

In the second sale of the Lakers in less than a year, Bob Iger and Joshua Kushner are set to take control. “As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world. We have immense respect for the leadership and

A little more than a year after agreeing to purchase a majority share of the Lakers, Mark Walter is selling the team.

TRENDINGStory byDETROIT, MICHIGAN - MARCH 23: A detail of the Los Angeles Lakers logo on a uniform during the game against the Detroit Pistons at Little Caesars Arena on March 23, 2026 in Detroit, Michigan. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is c

Sources: Josh Kushner, Bob Iger to buy Lakers for $12.5B  ESPN