Tag: nytimes.com

On Wednesday, Joshua Kushner, the brother of President Donald Trump’s son-in-law Jared Kushner, shocked the sports world by partnering with former Disney CEO Bob Iger to agree to purchase the Los Angeles Lakers. The deal values the franchise at $12.5 billion, according to a source with knowledge of the sale who spoke on the condition…

Well before he positioned himself to be part of a group with Joshua Kushner to purchase the Los Angeles Lakers at an estimated $12.5 billion valuation, Bob Iger was no stranger to big-ticket deal-making in Hollywood. As CEO of The Walt Disney Company from 2005-2020, Iger led the way when the company acquired some of…

News that Mark Walter had agreed to sell the Los Angeles Lakers just over a year after buying a majority share from the Buss family was shocking, both because of the price — a $12.5 billion valuation — and the timing. One of the NBA’s most historic franchises now heads into a period of uncertainty…

Russell Westbrook, one of the most explosive guards of his era, announced his retirement Wednesday after an 18-year NBA career. Westbrook, 37, posted a video on social media that was narrated by actor Michael B. Jordan and featured career highlights. “Sometimes you don’t even know when you’ve already watched the end,” Westbrook wrote in the…

A Shohei Ohtani card sold for $11 million, grading activity hit a record high and collectors flocked to the trading card industry’s two biggest events just days apart as the hobby finished its busiest month of the year in July. July’s secondary market was highlighted by the record sum paid for what some believe is…

The legal flare-up between Dallas Mavericks minority owner Mark Cuban and team governor Patrick Dumont is over — at least for now. Cuban’s lawyers withdrew the Rule 202 Petition earlier this week, which they filed in court in July. In that petition, they sought sworn testimony from a corporate representative from Arena Development Intermediate, a…

The Los Angeles Lakers are being sold. Again. Only 14 months after agreeing to purchase the Lakers at a record-setting $10 billion valuation, Mark Walter is selling the team to Bob Iger, the former Disney CEO, and Joshua Kushner at a valuation of more than $12 billion, according to a source with knowledge of the…

The NBA continued its 2026-27 schedule rollout Wednesday by revealing additional games scheduled to air on Prime Video. The first night of NBA Cup group play, Oct. 30, will feature the New York Knicks facing the Philadelphia 76ers at 7:30 p.m. Eastern, followed by the Los Angeles Lakers facing the Golden State Warriors at 10…

PHOENIX — In the weeks before the 2002 NBA Draft, Jerry Colangelo had made up his mind. He wanted Amar’e Stoudemire, the explosive, powerful forward from Florida who had attended six different high schools. Normally, the Phoenix Suns chairman was against drafting players who had not attended college, but Stoudemire, he quickly learned, was different.…

INGLEWOOD, Calif. — Dwight Howard is in a hurry and doesn’t have much time to talk. The Naismith Memorial Basketball Hall of Famer, an eight-time NBA All-Star now competing as the captain of the LA Riot in the Big3, isn’t rude, but it’s clear he intends to get onto the Intuit Dome court to go…