Lakers sold for record $12.5 billion to Josh Kushner and Bob Iger

LOS ANGELES — The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Josh Kushner and Bob Iger for a record-breaking price. This sale agreement is $12.5 billion, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity Wednesday becaus

Former Walt Disney Company CEO Bob Iger and businessman Josh Kushner are buying the Los Angeles Lakers.

Bob Iger once told JJ Redick he "couldn't root for the Lakers" as a lifelong Knicks fan. Now he helped buy the Los Angeles Lakers for $12.5 billion.

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.

The sale price is the highest ever for a sports franchise, exceeding the $9.6 billion for the NFL's Seattle Seahawks in July.

Why Lakers’ $12.5 Billion Sale To Bob Iger And Josh Kushner Raises Questions  Forbes

The Lakers are being sold again. Why is Mark Walter selling, who are the new owners and what comes next?

Billionaire Mark Walter's sale of the NBA's Lakers is a record-breaking valuation for a North American sports franchise.

Josh Kushner doesn’t give many interviews or make public appearances often, but he’s keen on making headlines.

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.

Who is Josh Kushner, the billionaire who has just become the owner of the Lakers?  MARCA

For Bob Iger, his and Josh Kushner’s purchase of the majority ownership of the Lakers from Mark Walter for a historic $12.5 billion valuation was still sinking in as of late Wednesday morning. Because after the former Disney CEO and his business partner originally pursued ownership stakes in the NBA’s potential expansi

Los Angeles Lakers to be sold for 2nd time in a year — for $12.5 billion — to Josh Kushner and Bob Iger  Chicago Tribune

Iger, Kushner purchasing Lakers for record $12.5 billion  Reuters

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.

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

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.

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

Bob Iger, the former chief executive of Disney, and Joshua Kushner, the younger brother of Jared Kushner, are moving to buy the Los Angeles Lakers basketball team for $12 billion. The NBA franchise was last bought by billionaire businessman Mark Walter for $10 billion last year. He now wishes to relinquish his majority

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 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.

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

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

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

Former Disney CEO Bob Iger Luke Hales/NWSL via 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 of leading Disney. The Lakers are considered one of the world's most valuable sports franchises. One of Hollywood's biggest

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…

Kushner and Iger will invest a record-breaking $12 million to seal the deal.

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 $12bn in a record-breaking ⁠deal, ESPN reported ​on ‌Wednesday, citing ‌sources with knowledge ‌of the deal. Billionaire Mark Walter pur

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

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 $12B  ESPN