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Iger and Kushner land Lakers at $12.5B, Walter pockets $2.5B after 14 months

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Source: Los Angeles Times
Iger and Kushner land Lakers at $12.5B, Walter pockets $2.5B after 14 months
Photo: Los Angeles Times
TL;DR

Iger and Kushner agreed to buy the Los Angeles Lakers from Mark Walter for a record $12.5 billion, delivering Walter a $2.5 billion profit after just 14 months of ownership and pending NBA Board approval; the deal signals Iger’s long‑held aim to own top sports franchises and advances Thrive Eternal’s sports-investment ambitions, including a Las Vegas expansion bid.

Topics:sportsbusiness#bob-iger#business#investment#los-angeles-lakers#mergers-acquisitions#nba
Share this article
  1. Inside Lakers mega-deal: Mark Walter made a shocking decision. Bob Iger, Joshua Kushner jumped at the chance  Los Angeles Times
  2. The Other Kushner Steps Into the Spotlight With $12.5 Billion Lakers Deal  WSJ
  3. A front office member on an Eastern Conference …  sports.yahoo.com
  4. Lakers sold at $12.5 billion valuation: NBA execs, agents react  ESPN
  5. How Bob Iger and Joshua Kushner’s Bromance Led Them to Lakers  The New York Times

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