Reports Emerge of Potential $12 Billion Acquisition of Los Angeles Lakers by Iger and Kushner
Reports indicate that Bob Iger and Josh Kushner are in the process of acquiring the Los Angeles Lakers for $12 billion.
Tampa St. Petersburg, FL, August 12, 2026 —
Reports have surfaced suggesting that Bob Iger, the executive chairman of The Walt Disney Company, and Josh Kushner, a prominent investor and co-founder of Thrive Capital, are reportedly in the process of acquiring the Los Angeles Lakers basketball team.
The reported acquisition is valued at approximately $12 billion. Details regarding the specifics of the transaction, including the timeline and the exact nature of the ownership stake being acquired, were not immediately available.
Neither Bob Iger nor Josh Kushner has publicly commented on these reports at this time. Similarly, representatives for the Los Angeles Lakers have not issued a statement regarding the potential sale.
The Los Angeles Lakers are one of the most storied franchises in the National Basketball Association (NBA), with a rich history of championships and a global fanbase. The franchise has a significant market presence and is considered a highly valuable sports asset.
Bob Iger has a long and distinguished career in media and entertainment, known for his leadership at The Walt Disney Company. Josh Kushner is a notable figure in the venture capital and investment world, with a portfolio that includes various technology and real estate ventures.
Further information regarding this potential acquisition is expected to emerge as the process, if confirmed, develops.
Story summarized from the original created by Michael Bartiromo on www.wfla.com, see more information here.
