# Josh Kushner and Bob Iger to buy Los Angeles Lakers for record $12.5 billion

https://mins.news/en/item/20619

- CNN, 2026-08-12 20:57 UTC
- Sports
- Original: https://www.cnn.com/2026/08/12/business/josh-kushner-profile?Date=20260812&Profile=CNN

> Josh Kushner announced that he is joining forces with former Disney CEO Bob Iger to purchase the Los Angeles Lakers. Kushner is the brother of Jared, President Donald Trump’s son-in-law. The reported purchase price is a record-breaking $12.5 billion, marking a major transaction involving one of basketball’s best-known teams.

## Related coverage

- [Former Disney CEO Bob Iger and Josh Kushner Agree to Buy Lakers](https://mins.news/en/video/21231) — CBS News, 2026-08-13
- [Inside Iger and Kushner’s $12.5 Billion Lakers Megadeal](https://mins.news/en/item/20702) — Bloomberg News, 2026-08-12
- [Josh Kushner and Bob Iger buy Lakers in blockbuster $12.5 billion deal, AP source says](https://mins.news/en/item/20348) — The Associated Press, 2026-08-12
- [Josh Kushner and Bob Iger to Buy Lakers for More Than $12 Billion](https://mins.news/en/item/20328) — Bloomberg News, 2026-08-12