Kushner, Iger Buy Lakers for Record-Breaking $12.5 Billion
Josh Kushner and Bob Iger have agreed to purchase the Los Angeles Lakers for $12.5 billion, establishing a record price for an NBA franchise ownership. The transaction reflects the substantial financial valuation attributed to the team and professional basketball assets.
Key takeaways
- 1.The $12.5 billion purchase price represents a new high for NBA franchise valuations
- 2.The buyer group includes Josh Kushner and Bob Iger, combining investment and entertainment industry experience
- 3.The sale demonstrates continued investor interest in premium sports franchise ownership
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Kushner, Iger Buy Lakers for Record-Breaking $12.5 Billion
Josh Kushner and Bob Iger have agreed to purchase the Los Angeles Lakers for $12.5 billion, marking a record-breaking price for an NBA franchise. This unprecedented valuation reflects the significant financial value of professional sports teams and the high-profile nature of the Lakers organization. The deal represents a major shift in ownership for one of basketball's most iconic teams.
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Lakers Sold, Paramount Fight, 'Daddy' Podcast | Bloomberg Deals 8/12/2026
Bloomberg Deals covered major corporate transactions on August 12, 2026, including the sale of the Lakers, a legal battle involving Paramount, and a 'Daddy' podcast venture. The program featured industry experts including the Global Head of Private Capital at Evercore, leadership from Ancora Advisors, and founders from Angel City Football Club and Bruin Capital discussing the deals shaping global markets.
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