In a groundbreaking move for the NBA, Josh Kushner and Bob Iger are reportedly finalizing a deal to purchase the Los Angeles Lakers for an astonishing $12 billion. This monumental transaction marks a new chapter for the iconic franchise, which was previously owned by Mark Walter, who acquired it from the Buss family in 2025.
The acquisition of the Lakers not only highlights the franchise's immense value but also underscores the growing trend of high-profile investors entering the sports industry. The Lakers, one of the most storied teams in NBA history, have a rich legacy that includes 17 championships and a roster that has featured some of the greatest players in basketball history.
As fans and analysts alike speculate about the implications of this sale, many are also curious about the familial connections of one of the new owners. Given the shared last name, it is natural to wonder whether Josh Kushner is related to Jared Kushner, the former senior advisor to Donald Trump. The answer is affirmative: Josh is indeed Jared's younger brother, and both are sons of Charles Kushner.
The connection between the two brothers adds an intriguing layer to the ownership structure of the Lakers. Josh Kushner is the founder of Thrive Capital, a venture capital firm that has invested in various successful companies, while Jared Kushner has been a prominent figure in both politics and business. Additionally, reports indicate that Bob Iger, the former CEO of The Walt Disney Company, is an investor in Thrive Capital, further intertwining the business interests of these influential figures.
This acquisition is not just a financial transaction; it represents a significant shift in the landscape of sports ownership. With the Lakers now under the stewardship of Kushner and Iger, fans will be watching closely to see how their leadership influences the team's direction and success in the coming years.
As the NBA continues to evolve, the involvement of such prominent figures in ownership roles may signal a new era for the league, one that could bring fresh perspectives and innovative strategies to the forefront. The Lakers, with their storied history and passionate fan base, are poised to be at the center of this transformation.
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