{"id":2643950,"date":"2026-08-12T22:08:00","date_gmt":"2026-08-13T02:08:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/la-lakers-sold-to-ex-disney-ceo-and-jared-kushners-brother-for-record-breaking-price\/"},"modified":"2026-08-12T22:14:44","modified_gmt":"2026-08-13T02:14:44","slug":"la-lakers-sold-to-ex-disney-ceo-and-jared-kushners-brother-for-record-breaking-price","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/la-lakers-sold-to-ex-disney-ceo-and-jared-kushners-brother-for-record-breaking-price\/","title":{"rendered":"LA Lakers Sold to Ex-Disney CEO and Jared Kushner&#8217;s Brother for Record-Breaking Price"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fla-lakers-sold-to-ex-disney-ceo-and-jared-kushners-brother-for-record-breaking-price%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2643950&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>A notable recent development in the NBA involves the sale of the Los Angeles Lakers, one of basketball&#8217;s most iconic franchises. The team has been sold for $12.5 billion, making it the most expensive sports team purchase in North American history. Former Disney CEO Bob Iger and Josh Kushner bought the Lakers from previous owner Mark Walter, who bought into the team for $10 billion in 2025. This sale marks a surprising change, as the Lakers are exchanging ownership with ties to the proposed Las Vegas NBA expansion. While Walter\u2019s ownership group also owns the Los Angeles Dodgers and Sparks, the sale pertains solely to the Lakers. Iger and Kushner expressed excitement about their new role, respecting the legacy of the Buss family, longtime Lakers owners. Public reactions included curiosity about Iger\u2019s apparent fandom for the Los Angeles Clippers, and some fans expressed political concerns about Kushner\u2019s connections, tho he is publicly identified as a Democrat. Lakers star Luka doncic reacted positively, emphasizing his commitment to winning championships and his anticipation of working with the new ownership.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><\/p>\n<p>One of the NBA\u2019s premiere franchises was sold \u2014 again \u2014 in a surprising move that has the basketball world buzzing.<\/p>\n<p>According to multiple reports, the Los Angeles Lakers have been sold for the second time in as many years, despite being perhaps the most recognizable brand in basketball.<\/p>\n<p>And the buyers are quite the interesting duo.<\/p>\n<p>Former Disney CEO Bob Iger and Josh Kushner (the younger brother of Jared Kushner) are buying the Lakers for the eye-watering price of $12.5 billion, according to <a href=\"https:\/\/www.espn.com\/nba\/story\/_\/id\/49590362\/josh-kushner-bob-iger-buy-lakers-12b\" target=\"_blank\" rel=\"noopener\">ESPN<\/a>, making it the most expensive sports team purchase in North American sports history.<\/p>\n<p>Previous Lakers owner Mark Walter, who bought a controlling stake in the team in 2025 for $10 billion (the previous North American sports record), apparently came to this agreement with Iger and Kushner rather suddenly.<\/p>\n<p>This also means that Iger and Kushner \u2014 long linked to being owners of the widely expected forthcoming NBA expansion team in Las Vegas \u2014 have abandoned Sin City NBA aspirations for the City of Angels.<\/p>\n<p>Interestingly, <a href=\"https:\/\/www.cbssports.com\/nba\/news\/lakers-sold-josh-kushner-bob-iger\/\" target=\"_blank\" rel=\"noopener\">CBS Sports<\/a> noted that the sale will only involve the Lakers, despite the fact that Walter\u2019s ownership group also owns the Los Angeles Dodgers and the WNBA\u2019s Los Angeles Sparks.<\/p>\n<p>Of note, Walter is reportedly under federal investigation for allegedly improperly disclosing billions of dollars worth of loans.<\/p>\n<p>Iger and Kushner put out a joint statement expressing excitement and gratitude to the Buss family, the legendary sports family that had run the Lakers for decades.<\/p>\n<p>\u201cAs lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world,\u201d the statement read. \u201cWe have immense respect for the leadership and vision of Jerry and Jeanie Buss.<\/p>\n<p>\u201cOur long-term commitment is to build on that foundation, compete at the highest level, and serve this extraordinary team, its fans, and the city of Los Angeles.\u201d<\/p>\n<p>Curiously, it didn\u2019t take long for online NBA fans to dig up an old clip of Iger that implied that the former Disney executive was actually a huge fan of the Los Angeles Clippers \u2014 the Lakers\u2019 cross-town rivals and \u201clittle brother\u201d of sorts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">New Lakers owner Bob Iger talks about his Clippers fandom with JJ Redick<\/p>\n<p>Cheering for the Lakers is not in his DNA \ud83e\uddec <a href=\"https:\/\/t.co\/cnVP2jPbM5\">pic.twitter.com\/cnVP2jPbM5<\/a><\/p>\n<p>\u2014 Clippers Lead (@ClippersLead) <a href=\"https:\/\/x.com\/ClippersLead\/status\/2087593166115614928?\">August 12, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some liberal NBA fans also took to social media to lament that Kushner, and therefore President Donald Trump through his brother, would be involved with the Lakers.<\/p>\n<p>Those fans probably don\u2019t have much to worry about.<\/p>\n<p>As Front Office Sports pointed out, Kushner is a registered Democrat who champions a number of liberal causes \u2014 not exactly an extension of the Trump family.<\/p>\n<p>Lakers superstar Luka Doncic, meanwhile, took the professional route with a hopeful message on social media.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Being a Laker means everything to me, and I\u2019m excited to get back on the court and bring a championship to LA. I\u2019ve gotten used to big changes over these last few years, but I know that no matter what, there is no limit to the potential of this iconic franchise. I look forward to\u2026<\/p>\n<p>\u2014 Luka Don\u010di\u0107 (@lukadoncic) <a href=\"https:\/\/x.com\/lukadoncic\/status\/2087577775301427475?\">August 12, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cBeing a Laker means everything to me, and I\u2019m excited to get back on the court and bring a championship to LA,\u201d Doncic posted to X Wednesday. \u201cI\u2019ve gotten used to big changes over these last few years, but I know that no matter what, there is no limit to the potential of this iconic franchise.<\/p>\n<p>\u201cI look forward to meeting Josh and Bob so we can get to work building something special in LA together.\u201d<\/p>\n<p>\u201cBig changes\u201d may be underselling it for Doncic. Despite his stature as one of the NBA\u2019s very best players at only 27 and having played for just two teams in his career (the Lakers and the Dallas Mavericks), he has gone through the surreal situation of working under five different team owners.<\/p>\n<p>In Dallas, Doncic was drafted under the Mark Cuban regime and eventually shipped out of Texas under the Miriam Adelson regime. Under the Lakers, Doncic has had the Buss family, Walter, and now Iger and Kushner as his bosses.<\/p>\n<div style=\"background-color: #f7f7f7; color: #171717; display: flex;font-size: 16px;font-weight: 600;line-height: 1.5;margin: 24px 0;padding: 18px 20px 18px 30px;text-align: left;\">\n<div style=\"align-self: stretch;border-left: 3px solid #171717;flex-shrink: 0;padding-left: 20px;\"><\/div>\n<p><a style=\"text-decoration: none;\" href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.westernjournal.com\/\">Choose The Western Journal as your preferred source on Google and never miss reporting that defends truth, protects freedom, and advances Western civilization<\/a><\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey == typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts = { \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs = [ 'name', '', 'message' ];  \t\t\t\t\tfor( var i = 0; i < inputs.length; i++ ) if( ! 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Reports indicate the Los Angeles Lakers have changed ownership for the second year in a row, despite being one of the most iconic brands in basketball. The new buyers are quite notable<\/p>\n","protected":false},"author":1,"featured_media":2643951,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/08\/Lakers-sold.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[84076,84074,84075,84077,48028],"class_list":["post-2643950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-celebrity-investors","tag-la-lakers","tag-nba-ownership","tag-record-breaking-sale","tag-sports-business"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/08\/Lakers-sold.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2643950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2643950"}],"version-history":[{"count":2,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2643950\/revisions"}],"predecessor-version":[{"id":2643953,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2643950\/revisions\/2643953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2643951"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2643950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2643950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2643950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}