The brother of President Donald Trump's son-in-law Jared Kushner is joining forces with former Disney head Bob Iger to purchase the NBA's Los Angeles Lakers, according to a new report. American businessmen Josh Kushner and Bob Iger plan to buy the team for over $12 billion, a record-breaking price, according to multiple sources who spoke to ESPN. Our long-term commitment is to build on that foundation, compete at the highest level, and serve this extraordinary team, its fans, and the city of Los Angeles." Through his various business interests, Walter maintains stakes in multiple professional sports organizations, including the Los Angeles Dodgers, Los Angeles Sparks, Premier League club Chelsea, and the Professional Women's Hockey League. Through TWG Motorsports, Walter also owns several auto racing teams, including Cadillac Formula 1.