# Josh Kushner and Bob Iger to buy LA Lakers for $12.5 billion

2026-08-12T17:11:01+00:00 | Sports | Indian Opinion Desk

Corroboration: 3 independent outlets

Josh Kushner and Bob Iger have agreed to buy the Los Angeles Lakers from Mark Walter for more than $12 billion, ESPN reported. The deal values the NBA franchise at a record $12.5 billion, according to the Times of India. Kushner, founder of venture capital firm Thrive Capital, and Iger, former Disney CEO, were earlier involved in the NBA’s Las Vegas expansion. The purchase still needs approval from the NBA’s board of governors. Kushner, brother of Donald Trump’s son-in-law Jared, previously held minority stakes in the Miami Heat and Memphis Grizzlies. Forbes estimates his net worth at $5.2 billion.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/business/josh-kushner-bob-iger-buy-la-lakers-for-more-than-12-billion-11901343>
- hindustantimes.com <https://www.hindustantimes.com/world-news/us-news/is-josh-kushner-a-democrat-all-on-jared-kushner-brothers-political-affiliation-amid-lakers-purchase-deal-101786547603989.html>
- hindustantimes.com <https://www.hindustantimes.com/sports/us-sports/josh-kusher-family-and-net-worth-in-focus-after-lakers-purchase-meet-wife-kids-and-brother-jared-kushner-101786546174061.html>
- hindustantimes.com <https://www.hindustantimes.com/sports/us-sports/who-is-josh-kushner-lakers-sold-to-thrive-capital-founder-bob-iger-for-record-breaking-price-5-things-to-know-101786545095110.html>
- hindustantimes.com <https://www.hindustantimes.com/world-news/us-news/who-is-karlie-kloss-josh-kushners-wife-admitted-shes-never-met-trump-despite-close-family-ties-101786549355186.html>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/sports/nba/top-stories/josh-kushner-net-worth-and-family-meet-his-wife-karlie-kloss-kids-and-brother-jared-kushner-after-lakers-deal/articleshow/133187909.cms>

Tags: Bob Iger, Josh Kushner, LA Lakers, NBA, record sports franchise sale, Thrive Capital
Canonical: https://indianopinion.org/kushner-iger-buy-la-lakers-for-record-12-bn/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/kushner-iger-buy-la-lakers-for-record-12-bn/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.