Bob Iger acquires Lakers from Mark Walter for $12.5 billion
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 10:54 PM
Last updated Aug 12, 2026
Bob Iger, former Disney CEO, has acquired the Los Angeles Lakers from Mark Walter for $12.5 billion. Known for his deep ties to basketball and the Lakers, Iger is seen as a better fit for the franchise compared to Walter. The team has previously struggled under Walter’s ownership, lacking significant improvements in operations and infrastructure. While fan expectations for change remain, the recent acquisition is expected to bring a renewed focus and passion back to the organization as Iger prepares to lead the team forward.
- •Bob Iger acquires Lakers for $12.5 billion
- •Iger has strong connections to the Lakers
- •Walter's ownership faced criticism for lack of improvements
- •Expectations for operational enhancements are high under Iger
- •Lakers look to rebound from recent struggles
- 10:54 PMYahoo Sports — Swanson: Bob Iger could be the Imagineer to lead the Lakers back to glory
"The former chief executive of Disney knows as much as anyone about successfully stewarding an iconic brand.
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