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Josh Kushner and Bob Iger Buy the Lakers in Record-Breaking $12 Billion Deal
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Yahoo! Sports - News, Scores, Standings, Rumors, Fantasy Games
The Los Angeles Lakers are reportedly changing hands once again in a record-breaking deal worth more than $12 billion.
According to a report from ESPN published on Wednesday, August 12, Josh Kushner and Bob Iger have agreed to purchase the iconic NBA franchise from Mark Walter for a staggering amount.
Kushner is the founder of investment firm Thrive Capital and the younger brother of Jared Kushner, President Donald Trump's son-in-law.
AdvertisementAdvertisement AdvertisementWalter, CEO and chairman of TWG Global, is involved with multiple professional sports teams including the Los Angeles Dodgers, Los Angeles Sparks, the Professional Women's Hockey League and several auto racing teams through TWG Motorsports.
Read More From GlobeThis story Josh Kushner and Bob Iger Buy the Lakers in Record-Breaking $12 Billion Deal first appeared on Globe.