San Antonio, TX, August 12, 2026 —

Reports indicate that Josh Kushner and Bob Iger are in the process of acquiring the Los Angeles Lakers, with a reported purchase price of $12.5 billion. This information stems from an Associated Press (AP) source, as cited by MySA.

The specific details surrounding the potential transaction, including the exact timeline and the finalization of the deal, were not provided in the report. The current ownership structure of the Los Angeles Lakers and the individuals or entities involved in the potential sale remain subjects of ongoing reports.

Josh Kushner is a notable figure in the investment world, known for co-founding Thrive Capital. Bob Iger is widely recognized for his tenure as the CEO of The Walt Disney Company. Their potential involvement in acquiring a high-profile sports franchise like the Lakers marks a significant development in the sports and business landscape.

The valuation of $12.5 billion places this potential deal among the most substantial in professional sports. The Los Angeles Lakers are one of the most storied franchises in the National Basketball Association (NBA), with a rich history of championships and iconic players.

Further details regarding the confirmation or denial of this reported acquisition, as well as any official statements from the parties involved or the NBA, are yet to be released.


Story summarized from the original created by Google News on news.google.com, see more information here.

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