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Bob Iger to buy Los Angeles Lakers, sources say

newsAug 12, 2026473,825

ESPN reported that Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers for about $12 billion, a record price for an NBA team. Multiple posts cite the deal as topping $12 billion and in some reports $12.5 billion. The sale transfers ownership from Mark Walter, who acquired the team just over a year ago and is now selling again. Several posts note scrutiny of Walter's related businesses, pointing to Justice Department and SEC inquiries that commentators say create questions about the timing of the flip. Reporters and commentators also note that Kushner and Iger had been involved in a prior effort to secure an NBA expansion franchise in Las Vegas before pivoting to buy the Lakers. Commentators are focused on what the new ownership means for the Lakers' governance arrangement involving Jeanie Buss and for the franchise's future leadership decisions.

Jason Concepcion
@netw3rk.bsky.social

Mark Walter selling RAPIDLY to a Kushner a week after the SEC probe into him was announced? www.espn.com/nba/story/_/...

62545d ago
Edwin Garcia
@ecreates88.bsky.social

. @ramonaespn.bsky.social is reporting that the Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN.

3845d ago
1 source