ESPN: Kushner, Iger Purchasing Lakers in $12 Billion Deal

Lakers set for record $12b sale to Kushner and Iger

Disney's Bob Iger and Thrive's Joshua Kushner lead group buying Lakers. After Walter's $10b deal, Lakers headed to Kushner and Iger for $12b.

Lakers to be sold to Kushner and Iger for over $12 billion...

Joshua Kushner and Bob Iger are set to buy the Los Angeles Lakers in a record deal worth over $12 billion, ESPN reported on Wednesday. The report cited sources familiar with the agreement.

Billionaire Mark Walter bought a majority stake in the NBA franchise last year at a $10 billion valuation. That deal was officially approved by the league’s board of governors in October.

The announcement comes just weeks after Kushner was linked to controversy at FIFA. Last month, soccer’s world governing body said it planned to set up a subsidiary to run the World Cup, with Kushner playing a central role.

The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN.

Kushner and Iger were involved in the expansion process in Las Vegas, but a stunning turn, they pivoted to make an…

— Ramona Shelburne (@ramonashelburne) August 12, 2026

FIFA had aimed to sell minority shares at a $20 billion valuation to Kushner’s Thrive Capital. The plan drew heavy backlash and put FIFA President Gianni Infantino under pressure.

Iger, who previously served as CEO of The Walt Disney Company, already owns a majority stake in NWSL team Angel City FC.