Full coverage · Sports · Updated 12 Aug, 17:29
Disney CEO and Jared Kushner’s Brother Buy Lakers for Record $12 Billion The Los Angeles Lakers were sold for a record $12 billion to former Disney CEO Bob Iger and Josh Kushner, brother of Jared Kushner, marking the franchise's second sale in less than a year.
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What happened 01 The Lakers sold for a record $12 billion, second sale within a year. 02 Bob Iger, former Disney CEO, and Josh Kushner purchased the team. 03 Previous sale in October 2025 was for $10 billion to Mark Walter. 04 Iger is a Jewish-American businessman with a $700 million net worth. 05 Josh Kushner founded Thrive Capital and is Jared Kushner's brother. 06 The buyers initially sought to establish a Las Vegas team before acquiring the Lakers. Translated and summarized by baba from Mako , the latest report. Read Mako’s original The coverage
One newsroom on this story Who covered it Only Mako so far. No other newsroom has reported it yet.