Saved StoriesSettings
Wire

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

By continuing you agree to the terms and privacy policy.

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

By continuing you agree to the terms and privacy policy.

Full coverage· Sports· Updated

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.

1 newsroom · 1 language · since

Sign in to baba News

Sign in to save this article and find it on your phone.

or use an email code

By continuing you agree to the terms and privacy policy.

What happened

  1. 01The Lakers sold for a record $12 billion, second sale within a year.
  2. 02Bob Iger, former Disney CEO, and Josh Kushner purchased the team.
  3. 03Previous sale in October 2025 was for $10 billion to Mark Walter.
  4. 04Iger is a Jewish-American businessman with a $700 million net worth.
  5. 05Josh Kushner founded Thrive Capital and is Jared Kushner's brother.
  6. 06The 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

Coverage from Mako More reports may be added as coverage is matched.