UPDATED with Magic Johnson comments: Fulfilling almost every American boy’s dream, Bob Iger has bought himself a big-city sports franchise. The ex-Disney CEO and Thrive Capital boss Josh Kushner have scored the L.A. Lakers for $12.5 billion, Deadline has confirmed. “I’ve known Bob personally for over 40 years – he has always loved the Lakers and basketball and he will bring championships back to LA”I want to congratulate my good friend Bob Iger and Josh Kushner on their purchase of the Los Angeles Lakers! — Earvin Magic Johnson (@MagicJohnson) August 12, 2026Laker fans, you couldn’t have two better owners. — Earvin Magic Johnson (@MagicJohnson) August 12, 2026After two stints as Disney boss, Iger exited the CEO seat in March.