Los Angeles Lakers, Bob Iger
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The Los Angeles Lakers were sold for $12. 5 billion to an ownership group with Bob Iger and Josh Kushner, with Iger’s NBA involvement coming with their biggest rivals.
Throughout his storied career as a media executive, Bob Iger has made repeated attempts to own a major sports franchise. On Wednesday, he succeeded with a splash, joining Joshua Kushner to purchase the Lakers for $12.5 billion. The sale surprised the NBA.
Bob Iger purchased the majority ownership of the Los Angeles Lakers from Mark Walter for a historic $12.5 billion on Wednesday, and the former Walt Disney Company CEO said he initially sought a different NBA venture.