Josh Kushner acquires minority stake in Memphis Grizzlies
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 4:49 PM
Last updated Aug 12, 2026
Josh Kushner has purchased a minority stake in the Memphis Grizzlies, as confirmed on August 12, 2026. Kushner also holds a minority stake in the Miami Heat, which will need to be divested if he takes control of the Los Angeles Lakers. This movement in ownership adds to the ongoing shifts in NBA team management. Further developments regarding his minority ownership in the Heat may impact his stake in other franchises.
- •Josh Kushner acquires a minority stake in the Memphis Grizzlies.
- •Kushner currently owns a minority stake in the Miami Heat.
- •He will need to divest his Miami stake to control the Lakers.
- •The transaction was confirmed on August 12, 2026.
- •Ownership changes could impact team strategies in the NBA.
- 4:49 PMYahoo Sports — Josh Kushner owner a minority stake in the Memphis …
"Josh Kushner owner a minority stake in the Memphis …
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