Iger and Kushner Take Lakers Into a New Era in $12.5B Switch
TL;DR
The Los Angeles Lakers are changing hands again, with Bob Iger and Joshua Kushner buying from Mark Walter for about $12.5 billion—a rapid rise from last year’s $10B valuation. The deal, which does not affect Walter’s Dodgers or Sparks, still requires NBA Board of Governors approval and due diligence; Jeanie Buss will stay as governor for at least five years, and it remains unclear how the new owners will run basketball operations while questions linger about Walter’s finances.
- What we know so far about Lakers’ surprising sale to Joshua Kushner, Bob Iger The New York Times
- Sources: Josh Kushner, Bob Iger to buy Lakers for $12.5B ESPN
- Commentary: Some questions (and answers) about Mark Walter selling the Lakers Los Angeles Times
- The Lakers’ Sale and the Game Above the Game The Ringer
- LA Lakers sell for a record $12.5 billion to ex-Disney CEO Iger and Jared Kushner’s brother Josh CNN
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