Josh Kushner joins Lakers ownership group with Bob Iger

Bob Iger and Josh Kushner are set to lead a new ownership era for the Los Angeles Lakers, following a record sale worth $12.5 billion. Josh Kushner, brother of Jared Kushner, is the founder of Thrive Capital, showing a strong background in technology and health care. This sale surpasses the previous record of $10 billion for a North American sports franchise, set by Mark Walter when he bought the team from the Buss family. The transition in ownership signals a significant change for the franchise, which is known for its storied history in the NBA.

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