Bob Iger and Joshua Kushner Acquire Los Angeles Lakers From Mark Walter

August 14, 2026

Bob Iger (former Disney CEO) and Joshua Kushner (Thrive Capital founder) acquired majority ownership of the Los Angeles Lakers from Mark Walter, valuing the NBA franchise at $12.5 billion. The transaction follows Walter’s earlier controlling stake purchase in October 2025 at a $10 billion valuation.

Buyers
Bob Iger, Joshua Kushner, Thrive Capital
Targets
Los Angeles Lakers
Sellers
Mark Walter
Location
California, United States
Transaction Type
Buyout

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