Bob Iger and Josh Kushner purchase the Los Angeles Lakers for $12 billion
4 sources • 1 min read • Latest: Aug 12, 2026, 4:11 PM
Last updated Aug 12, 2026
Bob Iger and Josh Kushner have agreed to purchase the Los Angeles Lakers from Mark Walter for $12 billion. Iger and Kushner confirmed the transaction in a joint statement. Walter expressed that owning the Lakers has been a significant honor in his life. The story is developing, with further updates anticipated.
- •The deal is valued at $12 billion.
- •Iger and Kushner confirm their purchase of the Lakers.
- •Mark Walter, the outgoing owner, reflects on the honor of ownership.
- •Updates are expected as the story develops.
- 4:11 PMYahoo Sports — Who bought the Lakers? Meet Josh Kushner and Bob Iger, the billionaires behind the record-setting deal
- 3:13 PMYahoo Sports — Who are Josh Kushner and Bob Iger? The new LA Lakers owners with Donald Trump and Disney links
- 3:03 PMYahoo Sports — Josh Kushner and Bob Iger reveal plans for LA Lakers after $12 billion takeover
- 2:53 PMYahoo Sports — Bob Iger and Josh Kushner to purchase the Los Angeles Lakers
"Josh Kushner and Bob Iger are set to become the new owners of the Los Angeles Lakers. In a surprise turn of events, less than a year after Dodgers kingpin Mark Walter took the keys from the Buss family, he’s flipping the franchise for a jaw-dropping $12 billion-plus.
"The LA Lakers appear to be changing ownership in a shock development on Wednesday. The Lakers are currently owned by billionaire Mark Walter, CEO of Guggenheim Partners and TWG Global.
"Kushner and Iger will replace Mark Walter as the team's majority owners.
Sources
External links- Yahoo SportsAug 12, 2026, 4:11 PMWho bought the Lakers? Meet Josh Kushner and Bob Iger, the billionaires behind the record-setting deal
Kushner and Iger will replace Mark Walter as the team's majority owners.
- Yahoo SportsAug 12, 2026, 3:13 PMWho are Josh Kushner and Bob Iger? The new LA Lakers owners with Donald Trump and Disney links
Josh Kushner and Bob Iger are set to become the new owners of the Los Angeles Lakers. In a surprise turn of events, less than a year after Dodgers kingpin Mark Walter took the keys from the Buss family, he’s flipping the franchise for a jaw-dropping $12 billion-plus.
- Yahoo SportsAug 12, 2026, 3:03 PMJosh Kushner and Bob Iger reveal plans for LA Lakers after $12 billion takeover
The LA Lakers appear to be changing ownership in a shock development on Wednesday. The Lakers are currently owned by billionaire Mark Walter, CEO of Guggenheim Partners and TWG Global.
- Yahoo SportsAug 12, 2026, 2:53 PMBob Iger and Josh Kushner to purchase the Los Angeles Lakers
The pair will purchase the team from Dodgers owner Mark Walter.
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