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Bob Iger and Joshua Kushner to acquire Lakers

PRIVATEAug 26, 2026about 2 hours ago

Acquiring Company

Bob Iger and Josh Kushner

Acquired Company

Los Angeles Lakers

BurbankAtlantaMedia And EntertainmentSports

Description

Mark Walter's holding company, TWG Global, has agreed to sell the Los Angeles Lakers to Bob Iger and Joshua Kushner for a record $12.5 billion. This acquisition is intended to assist Walter in paying down loans. The deal represents a 25% premium over Walter's previous purchase price less than a year ago.

Company Information

Company

Bob Iger and Josh Kushner

Location

Burbank, California, United States

About

Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership. Josh Kushner is a businessman and investor, recognized for his ventures in technology and healthcare. Both are now entering the sports industry with this acquisition. Their collaboration signifies a major investment in sports ownership.

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Predictive Intelligence
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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Los Angeles Lakers?

Los Angeles Lakers was acquired by Bob Iger and Josh Kushner, based in Burbank. The deal was reported on August 26, 2026. Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership. Josh Kushner is a businessman and investor, recognized for his ventures in technology and healthcare. Bob Iger and Josh Kushner is privately held and operates in Media And Entertainment.

When did Bob Iger and Josh Kushner acquire Los Angeles Lakers?

Bob Iger and Josh Kushner's acquisition of Los Angeles Lakers was reported on August 26, 2026. Mark Walter's holding company, TWG Global, has agreed to sell the Los Angeles Lakers to Bob Iger and Joshua Kushner for a record $12.5 billion. This acquisition is intended to assist Walter in paying down loans. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Los Angeles Lakers do?

The Los Angeles Lakers are a professional basketball team based in Los Angeles. They are one of the most successful teams in NBA history, with a rich legacy and numerous championships. It is privately held, operating in Sports, and is based in Atlanta.

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