Former Disney CEO and Jared Kushner's Brother Join Forces to Buy LA Lakers in $12.5 Billion Deal

Deep News

Aug 13

A proposed $12.5 billion acquisition of the Los Angeles Lakers has been announced by former Walt Disney Company CEO Bob Iger and investor Josh Kushner. The duo issued a joint statement to the press confirming the deal, which still requires approval from the NBA Board of Governors.

Conglomerate TWG Global CEO Mark Walter previously acquired a majority stake in the Lakers in 2025. Iger stepped down as Disney CEO earlier this year. He initially took the helm in 2005, leading the company for over a decade before returning for a second term in 2022, which lasted until 2026.

Kushner, the brother of President Donald Trump's son-in-law Jared Kushner, is the founder of the New York-based venture capital firm Thrive Capital. In a social media post in April, Kushner revealed that Iger had previously joined Thrive Capital early on and returned to the firm after leaving Disney in March of this year.

The transaction is now pending the NBA's formal sign-off.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1155850405"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1155850405\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1155850405?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-13 15:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1155850405","market":"hk","top_or_hot":-1,"title":"Former Disney CEO and Jared Kushner's Brother Join Forces to Buy LA Lakers in $12.5 Billion Deal","media":"Deep News","content":"<p>A proposed $12.5 billion acquisition of the Los Angeles Lakers has been announced by former Walt Disney Company CEO Bob Iger and investor Josh Kushner. The duo issued a joint statement to the press confirming the deal, which still requires approval from the NBA Board of Governors.<br><br>Conglomerate TWG Global CEO Mark Walter previously acquired a majority stake in the Lakers in 2025. Iger stepped down as Disney CEO earlier this year. He initially took the helm in 2005, leading the company for over a decade before returning for a second term in 2022, which lasted until 2026.<br><br>Kushner, the brother of President Donald Trump's son-in-law Jared Kushner, is the founder of the New York-based venture capital firm Thrive Capital. In a social media post in April, Kushner revealed that Iger had previously joined Thrive Capital early on and returned to the firm after leaving Disney in March of this year.<br><br>The transaction is now pending the NBA's formal sign-off.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Disney CEO and Jared Kushner's Brother Join Forces to Buy LA Lakers in $12.5 Billion Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Disney CEO and Jared Kushner's Brother Join Forces to Buy LA Lakers in $12.5 Billion Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-08-13 15:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>A proposed $12.5 billion acquisition of the Los Angeles Lakers has been announced by former Walt Disney Company CEO Bob Iger and investor Josh Kushner. The duo issued a joint statement to the press confirming the deal, which still requires approval from the NBA Board of Governors.<br><br>Conglomerate TWG Global CEO Mark Walter previously acquired a majority stake in the Lakers in 2025. Iger stepped down as Disney CEO earlier this year. He initially took the helm in 2005, leading the company for over a decade before returning for a second term in 2022, which lasted until 2026.<br><br>Kushner, the brother of President Donald Trump's son-in-law Jared Kushner, is the founder of the New York-based venture capital firm Thrive Capital. In a social media post in April, Kushner revealed that Iger had previously joined Thrive Capital early on and returned to the firm after leaving Disney in March of this year.<br><br>The transaction is now pending the NBA's formal sign-off.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1894683348.USD","symbol_name":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","start_time":0,"source_url":"","article_id":"1155850405","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1155850405","pubTimestamp":1786606821,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"A proposed $12.5 billion acquisition of the Los Angeles Lakers has been announced by former Walt Disney Company CEO Bob Iger and investor Josh Kushner. The duo issued a joint statement to the press...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","BK4534":"瑞士信贷持仓","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4585":"ETF&股票定投概念","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","DIS":"迪士尼","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","DISO":"DIS期权收益策略ETF-YieldMax","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU0726765562.USD":"JPM GLOBAL INCOME \"A\" (USD HEDGED) INC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","BK4108":"电影和娱乐","LU2347655073.USD":"JPM GLOBAL INCOME \"A\" (USDHDG) INC A","BK4550":"红杉资本持仓","BK4588":"碎股","BK4507":"流媒体概念","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","WNDR":"Corgi Travel & Leisure ETF","VOX":"电信业ETF-Vanguard","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","FCOM":"Fidelity MSCI Communication Services Index ETF","BK4561":"索罗斯持仓","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","BK4554":"元宇宙及AR概念","BK4524":"宅经济概念","BK4532":"文艺复兴科技持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4581":"高盛持仓","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251142724.SGD":"Fidelity America A-SGD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU1732800096.USD":"摩根大通环球收益基金A (irc)","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC"},"translate_title":"前迪士尼首席执行官和贾里德·库什纳的兄弟联手以 125 亿美元收购洛杉矶湖人队","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VOX":1,"WNDR":1,"DISO":1,"DIS":1,"FCOM":1},"content_text":"A proposed $12.5 billion acquisition of the Los Angeles Lakers has been announced by former Walt Disney Company CEO Bob Iger and investor Josh Kushner. The duo issued a joint statement to the press confirming the deal, which still requires approval from the NBA Board of Governors.Conglomerate TWG Global CEO Mark Walter previously acquired a majority stake in the Lakers in 2025. Iger stepped down as Disney CEO earlier this year. He initially took the helm in 2005, leading the company for over a decade before returning for a second term in 2022, which lasted until 2026.Kushner, the brother of President Donald Trump's son-in-law Jared Kushner, is the founder of the New York-based venture capital firm Thrive Capital. In a social media post in April, Kushner revealed that Iger had previously joined Thrive Capital early on and returned to the firm after leaving Disney in March of this year.The transaction is now pending the NBA's formal sign-off.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}