Iger and Kushner Reportedly Nearing Deal to Purchase Lakers
American businessmen Bob Iger and Josh Kushner are reportedly set to purchase the Lakers for over $12 billion, according to ESPN.
San Francisco Oakland San Jose, CA, August 12, 2026 —
Los Angeles, CA – Business leaders Bob Iger and Josh Kushner are reportedly in discussions to acquire the Los Angeles Lakers, a deal valued at over $12 billion, according to a report from ESPN.
The potential acquisition would mark a significant transaction in the sports franchise market. Bob Iger, the current CEO of The Walt Disney Company, and Josh Kushner, a prominent investor and founder of Thrive Capital, are the individuals named in the report.
Details regarding the specific terms of the potential sale or the timeline for its completion were not immediately available. The report from ESPN is the primary source of this information, and further confirmation from the involved parties is pending.
The Lakers are one of the most storied franchises in the National Basketball Association (NBA), with a history of numerous championships and high-profile players. The team’s valuation has seen substantial growth over the years, reflecting the league’s overall popularity and commercial success.
Neither Iger nor Kushner have publicly commented on the reported acquisition talks. The current ownership structure of the Lakers was not detailed in the ESPN report.
Story summarized from the original created by ESPN on abc7ny.com, see more information here.
