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Kushner and Iger Buy Lakers for $12.5B | Raleigh News

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Josh Kushner and Bob Iger just shattered sports history by buying the LA Lakers for a jaw-dropping $12.5 billion — the biggest deal ever for a sports team — closing it in just three days. Kushner, known more for his tech investments in OpenAI and SpaceX than basketball, teamed up with Disney legend Iger, whom he’s been mentored by since their wives connected them. Iger even joined Kushner’s firm as a venture partner. The move comes after current owner Mark Walter flipped the team for massive profit, despite neither man having deep sports ownership experience. And yes, while the Kushners carry political baggage, both Josh and his wife Karlie Kloss support progressive causes — making this less about politics and more about a high-stakes, fast-moving business coup that’s got L.A. fans buzzing.

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Kushner and Iger Buy Lakers for $12.5B | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now!

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