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Aug 12, 2026

Josh Kushner and Bob Iger reportedly buying Los Angeles Lakers for $12.5 billion

Investor Josh Kushner and former Disney CEO Bob Iger are purchasing the Los Angeles Lakers in a record-breaking $12.5 billion deal, according to ESPN sources.

Aug 12, 2026·3 sources

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Top claims

▪Josh Kushner, the younger brother of Jared Kushner, is a venture capitalist who owns a minority stake in the Miami Heat and previously owned a stake in the Memphis Grizzlies.
▪The Los Angeles Lakers roster is currently led by Slovenian superstar Luka Dončić, who is signed with the franchise through the 2028-29 season.
▪Businessmen Josh Kushner and Bob Iger have agreed to purchase the Los Angeles Lakers in a deal valuing the NBA franchise at $12.5 billion.

Subtopics

Mergers & acquisitions (M&A)Entertainment Industry

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