Ex-Disney CEO Bob Iger set to buy LA Lakers for $12.5 billion
As per reports, Iger is doing the deal along with venture capitalist Joshua Kushner
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Published: Aug 13, 2026 8:24 AM | 1 min read
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Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to acquire the Los Angeles Lakers in a deal valuing the NBA franchise at $12.5 billion, media networks have reported.
During his tenure as Disney CEO, Iger had led ESPN and developed relationships with the NBA as Disney entered into multi-billion-dollar broadcasting agreements for NBA games.
Iger retired from Disney in March. He has previously taken a majority stake in Angel City FC, a National Women's Soccer League team.
The proposed Lakers acquisition comes weeks after Kushner became involved in a controversial private equity proposal concerning FIFA.
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