Bob Iger

An unprecedented deal is shaking the sports world as the Los Angeles Lakers are sold for a record $12.5 billion. The transaction brings not only astronomical financial stakes but also significant management changes amidst ongoing family turmoil.

Joshua Kushner, the younger brother of Jared Kushner, has acquired the Los Angeles Lakers in a $12.5 billion deal. Having built his fortune through technology investments, he is now entering the sports arena.

The Los Angeles Lakers basketball club has been sold to businessmen Josh Kushner and Bob Iger for $12.5 billion. This marks a new record valuation for a professional sports team.