Josh Kushner joins Lakers ownership group with Bob Iger
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 4:08 PM
Last updated Aug 12, 2026
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.
- •Josh Kushner becomes part of Lakers' ownership group
- •Lakers sold for a record $12.5 billion
- •Sale surpasses the previous record of $10 billion
- •Josh Kushner is the founder of Thrive Capital
- •Bob Iger also joins as co-owner of the team
- 4:08 PMYahoo Sports — Is Josh Kushner related to Jared Kushner? What to know about new Lakers owner's family
"The Lakers' new owner has a famous last name. Learn how Josh Kushner is related to Jared Kushner and what he does.
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