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Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion
Posted
August 12, 2026
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August 12, 2026
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2:24Now PlayingJosh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of more than $12 billion, according to people familiar with the matter.
Randall Williams, Bloomberg Business of Sports Reporter, discusses the deal. Founded in 1947, the Los Angeles Lakers have been a powerhouse in the NBA. The team has been in the finals 32 times and won 17 championships.
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