Acquiring Company
Bob Iger and Joshua Kushner
Acquired Company
Los Angeles Lakers
Description
Bob Iger and Joshua Kushner are set to co-purchase the Los Angeles Lakers for $12.5 billion. The acquisition marks a record valuation for a North American sports franchise. The deal comes after the previous owner Mark Walter agreed to sell his controlling interest amidst ongoing investigations. Approval from the NBA’s board of governors is still needed for the transition.
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Based on deal dataFrequently asked
Who acquired Los Angeles Lakers?
Los Angeles Lakers was acquired by Bob Iger and Joshua Kushner, based in Burbank. The deal was reported on August 12, 2026. Bob Iger is the former CEO of The Walt Disney Company. Joshua Kushner is a notable investor. Together, they are acquiring a significant sports franchise. Bob Iger and Joshua Kushner is privately held and operates in Media And Entertainment.
When did Bob Iger and Joshua Kushner acquire Los Angeles Lakers?
Bob Iger and Joshua Kushner's acquisition of Los Angeles Lakers was reported on August 12, 2026. Bob Iger and Joshua Kushner are set to co-purchase the Los Angeles Lakers for $12.5 billion. The acquisition marks a record valuation for a North American sports franchise. 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.