Kushner and Iger purchase Lakers for record $12.5 billion

Forbes1 min read • Latest: Aug 12, 2026, 9:14 PM

Last updated Aug 12, 2026

Kushner and Iger purchase Lakers for record $12.5 billion
Summary

Josh Kushner and Bob Iger have acquired the Los Angeles Lakers for a historic sale valuation of $12.5 billion, marking the largest transaction in sports history. The timing of the purchase raises questions about the potential influence of ongoing fraud investigations into Mark Walter, the former owner. Speculation about a possible connection to former President Donald Trump has emerged, alongside discussions about the implications for the Lakers' future management. Details surrounding the deal and any impact on the franchise's operations remain unclear.

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What We Know
  • Josh Kushner and Bob Iger purchase Lakers for $12.5 billion.
  • Sale is the largest in sports history.
  • Speculation surrounds Mark Walter's fraud investigation.
  • Questions arise regarding possible Trump administration connections.
  • Implications for Lakers' management and future remain unclear.
Latest Updates
  • 9:14 PMForbesKushner's Lakers Buy Prompts Speculation About Possible Trump Role - Forbes
What they're saying
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The $12.5 billion sale valuation is the largest in sports history.

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