
Iger and Kushner set to acquire Los Angeles Lakers in record deal
Bob Iger and Joshua Kushner are reportedly purchasing the Los Angeles Lakers for $12.5 billion. This would be the highest price ever paid for an NBA team. The Lakers, known for their storied history and 17 championships, are changing hands after a previous record deal involving Mark Walter. The sale still needs approval from the NBA’s board of governors.
Match highlights
- Bob Iger and Joshua Kushner are buying the Los Angeles Lakers for $12.5 billion, according to ESPN.
- The deal surpasses the previous $10 billion purchase by Mark Walter, which ended the Buss family’s 46-year ownership.
- Joshua Kushner is the brother of Jared Kushner, who is related to former US President Donald Trump.
- The Lakers have won 17 NBA championships and have hosted stars like Kareem Abdul-Jabbar, Shaquille O’Neal, and Kobe Bryant.
- The transaction is pending approval from the NBA’s board of governors.