Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter for a record $12.5 billion, just 14 months after Walter purchased the team at a $10 billion valuation. The sale comes amid reported federal scrutiny of Walter’s business holdings. Iger, former Disney CEO, and Kushner, founder of Thrive Capital, bring entertainment and venture capital expertise to a franchise now navigating its second ownership change in barely a year, with Luka Dončić and the roster awaiting clarity on what comes next. Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter for a record $12.5 billion, just 14 months after Walter purchased the team at a $10 billion valuation. The sale comes amid reported federal scrutiny of Walter’s business holdings. Iger, former Disney CEO, and Kushner, founder of Thrive Capital, bring entertainment and venture capital expertise to a franchise now navigating its second ownership change in barely a year, with Luka Dončić and the roster awaiting clarity on what comes next.
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