Bob Iger, Josh Kushner to Buy Lakers in Record $12.5 Billion Deal
"As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world," the pair says The post Bob Iger, Josh Kushner to Buy Lakers in Record $12.5 Billion Deal appeared first on TheWrap .
Former Disney CEO Bob Iger and Thrive Capital founder Josh Kushner are set to acquire the Los Angeles Lakers for a record-breaking $12.5 billion, according to ESPN's report on Wednesday. The pair expressed their excitement about joining forces with the iconic sports franchise, stating their commitment to building on the team's foundation, competing at the highest level, and serving the fans and city of Los Angeles.
This acquisition comes just months after Mark Walter, the current majority owner, bought the Lakers from the Buss family for $10 billion in October. Mark Walter's statement highlighted the Lakers' significance to him, emphasizing the community and fan connection. Bob Iger recently transitioned from his role as Disney CEO to an advisory position at Kushner's Thrive Capital, while also investing in Angel City FC.
The duo has reportedly also considered bidding for an NBA expansion team in Las Vegas before focusing on the Lakers.
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