Iger’s Lakers ownership claim overblown as Kushner takes controlling stake

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Source: New York Post
Iger’s Lakers ownership claim overblown as Kushner takes controlling stake
Photo: New York Post
TL;DR Summary

Media reports that Bob Iger would own a controlling share of the Los Angeles Lakers have been greatly exaggerated. Kushner is expected to be the lone controlling shareholder with at least 15% ownership, while Iger would be a minority investor potentially involved in day-to-day operations but not the governor of the team. The deal centers on Walter’s 64% stake for about $12.5 billion and is still under NBA review, with other principals like Todd Boehly remaining limited partners. Iger’s exact net worth is unclear, but the emphasis in coverage is on his role rather than full control.

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