Iger, Kushner, Walter expand sports portfolios with Lakers acquisition

Bob Iger and Joshua Kushner are entering a partnership with Mark Walter to acquire the Los Angeles Lakers. The deal follows Walter's purchase of the team at a $10 billion valuation in 2025. Iger and Kushner's ventures also include stakes in Angel City FC and the Miami Heat, respectively, with Kushner needing to divest from Miami due to NBA regulations. Walter retains a variety of sports investments, including the Los Angeles Dodgers and the Professional Women’s Hockey League, as he transitions ownership of the Lakers. The agreement is expected to further develop the sports empires of the stakeholders involved.

• 7:40 PMYahoo Sports — Iger, Kushner, Walter Have Sports Empires Beyond the Lakers