Bob Iger and Josh Kushner purchase majority stake in Lakers
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 8:14 PM
Last updated Aug 12, 2026
Bob Iger and Josh Kushner have acquired a majority ownership of the Los Angeles Lakers from Mark Walter for a valuation of $12.5 billion. The deal was completed within three business days after it emerged that Walter was selling his stake, which he had purchased only a year prior. Iger, the former Disney CEO, and Kushner initially sought ownership in potential NBA expansion in Las Vegas. This acquisition marks a significant shift in the ownership of the Lakers.
- •Iger and Kushner buy Lakers for $12.5 billion.
- •Mark Walter sells his stake after one year of ownership.
- •Deal finalized within three business days.
- •Iger and Kushner previously sought expansion in Las Vegas.
- •Acquisition marks a significant change in Lakers ownership.
- 8:14 PMYahoo Sports — Because after the former Disney CEO and his business …
"Because after the former Disney CEO and his business …
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