Josh Kushner and Bob Iger reportedly buying Los Angeles Lakers for $12bn
Summary
Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for over $12 billion, setting a new record for the price of an NBA team. The Lakers are a very famous basketball team with 17 championships, and the deal follows a previous purchase last year that valued the team at $10 billion.Key Facts
- Josh Kushner and Bob Iger are buying the Los Angeles Lakers for more than $12 billion.
- The previous majority owner, Mark Walter, bought the team last year for about $10 billion.
- The Lakers have won 17 NBA championships, second only to the Boston Celtics.
- The team’s last championship was in 2020.
- Kushner and Iger plan to continue building the team and serving its fans and the city of Los Angeles.
- Mark Walter thanked the Buss family, the longtime owners, and the fans for their support.
- Josh Kushner is the younger brother of Jared Kushner, who is related to President Donald Trump.
- Bob Iger was the CEO of Disney before this deal.
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