Bob Iger and Joshua Kushner Reportedly in Talks to Acquire Los Angeles Lakers
Bob Iger and Joshua Kushner are reportedly in the process of acquiring the Los Angeles Lakers basketball team for a valuation of approximately $12.5 billion.
Los Angeles, CA, August 12, 2026 —
Reports indicate that Disney CEO Bob Iger and Thrive Capital founder Joshua Kushner are reportedly in the process of acquiring the Los Angeles Lakers, a storied franchise in the National Basketball Association (NBA).
The potential acquisition is said to value the basketball team at approximately $12.5 billion. Further details regarding the specifics of the deal, including the timeline and the exact terms, were not immediately available.
The Los Angeles Lakers, based in Los Angeles, California, have a long and decorated history in the NBA, having won numerous championships. The team is one of the most recognizable and valuable sports franchises globally.
Bob Iger currently serves as the Chief Executive Officer of The Walt Disney Company, a position he has held for two separate tenures. Joshua Kushner is the founder and managing partner of Thrive Capital, a prominent investment firm.
The potential involvement of high-profile figures like Iger and Kushner in the acquisition of a major sports franchise like the Lakers highlights the significant financial and cultural value associated with professional basketball teams.
Information regarding the current ownership structure of the Los Angeles Lakers and the specific individuals or entities involved in the sale process was not provided in the summary. The status of any necessary league approvals or regulatory steps also remains unclear at this time.
Story summarized from the original created by Google News on news.google.com, see more information here.
