Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
- Posted on August 12, 2026
- By CNBC
- 1 Views
- 1 min read
In brief
In a landmark sports investment deal, venture capitalist Joshua Kushner and former Disney executive Bob Iger have acquired a controlling stake in the Los Angeles Lakers franchise. The transaction values the NBA team at $12.5 billion, reflecting the growing investment appeal of professional sports franchises among wealthy entrepreneurs. This acquisition marks a significant shift in the Lakers' ownership structure and underscores the increasing valuation of premium sports assets in the current market landscape.
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Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
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.
