DAILYCALLER (Andrew Powell) - Rams Owner Stan Kroenke To Purchase Angels For Record-Breaking $4 Billion Valuation: REPORT
Sports tycoon Stan Kroenke, ladies and gentlemen
AMERICANALMANAC (Sadie Smith) - Bob Iger and Josh Kushner buy the Lakers for a record $12.5 billion — but questions follow the deal
Former Disney CEO Bob Iger and venture capitalist Josh Kushner have purchased the Los Angeles Lakers at a record-shattering $12.5 billion valuation, a deal that closed faster than most people buy a car. The pair unveiled the acquisition Wednesday morning after what Iger described as a 72-hour negotiation sprint. They bought the majority stake from […] The post Bob Iger and Josh Kushner buy the Lakers for a record $12.5 billion — but questions follow the deal appeared first on American Almanac .
Former Disney CEO Bob Iger and venture capitalist Josh Kushner have purchased the Los Angeles Lakers at a record-shattering $12.5 billion valuation, a deal that closed faster than most people buy a car. The pair unveiled the acquisition Wednesday morning after what Iger described as a 72-hour negotiation sprint. They bought the majority stake from Mark Walter, a billionaire whose corporate empire is currently the subject of a federal investigation, and who held the team for barely more than a year before flipping it at a $2.5 billion markup. The deal still requires approval from the NBA's Board of Governors, a process Breitbart noted could take several weeks. That timeline alone should raise eyebrows. Walter took control of the Lakers from…Open
What is the current local television broadcast situation for the Los Angeles Lakers?
Charter's Spectrum SportsNet holds a 20-year deal for Lakers local broadcast rights that runs through the 2031-32 season, paying the team $200 million last year.
Q&A ID ecbfe6dc-5fd4-4810-986c-a9dec2ab8a16
What is the current status of the ownership agreement regarding Jeanie Buss following the acquisition?
Bob Iger confirmed that the new ownership intends to honor the existing agreement that keeps Jeanie Buss as team governor for at least five years, an arrangement she originally made with Mark Walter.
Q&A ID 9c9828ae-ee6a-421e-b5bc-5673d75ad844
What conditions must Josh Kushner meet regarding his other sports interests before the Lakers deal can close?
Before the deal can close, Kushner must divest his minority stakes in the Miami Heat and the Memphis Grizzlies.
Q&A ID a30f914e-0695-4644-a139-33dfb805f23a
What is the name of the holding company used as the purchase vehicle for the Lakers acquisition, and who launched it?
The purchase vehicle is Thrive Eternal, a holding company launched earlier this year by Josh Kushner's firm, Thrive Capital.
Q&A ID 19330b0a-069b-44aa-a4b7-83205f6d6764
How much did Mark Walter pay for the Lakers when he acquired them from the Buss family, and what was the subsequent markup upon selling to Iger and Kushner?
Mark Walter acquired the Lakers from the Buss family in June 2025 at a valuation of approximately $10 billion and sold the majority stake fourteen months later for $2.5 billion more, resulting in the $12.5 billion sale to Iger and Kushner.
Q&A ID 4a841682-79f8-4315-bb09-4a6f84ecbb8b
Who are the primary individuals involved in the purchase of the Los Angeles Lakers and what is the valuation of the deal?
Former Disney CEO Bob Iger and venture capitalist Josh Kushner purchased the Los Angeles Lakers at a record-shattering $12.5 billion valuation.
Q&A ID 031a65f9-8add-4d92-8eda-dd3576844140
NYTIMES (Brooks Barnes and Tania Ganguli) - How Bob Iger and Joshua Kushner’s Bromance Led Them to Lakers
Bob Iger, the former chief executive of Disney, and Josh Kushner, the venture capitalist, are buying the Los Angeles Lakers. Their wives set them up.