{"id":2097163,"date":"2026-08-12T17:49:21","date_gmt":"2026-08-12T14:49:21","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2097163"},"modified":"2026-08-12T17:49:21","modified_gmt":"2026-08-12T14:49:21","slug":"josh-kushner-and-bob-iger-to-acquire-los-angeles-lakers-for-12-5-billion-usd","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2097163","title":{"rendered":"Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-tw.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&#8221;]<\/p>\n<div class=\"col-post-body col\">\n<div class=\"row post-body\">\n<aside class=\"post-body-sidebar\">\n<div class=\"post-body-sidebar-upper\">\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 12, 2026<\/time><\/div>\n<ul class=\"post-body-sidebar-hype-comments-container list-unstyled d-none d-lg-block\">\n<li><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<\/li>\n<li><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-sm-inline text\">Comments<\/span><\/span>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<\/li>\n<li><span class=\"text\">Save<\/span><\/li>\n<\/ul>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<hr class=\"sidebar-divider d-none d-lg-block\">\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<\/div>\n<\/aside>\n<article class=\"post-body-article\">\n<div class=\"post-gallery-container small inner-media\">\n<div class=\"gallery-container post-gallery-contain\" role=\"region\" aria-label=\"Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD\">\n<div class=\"hb-gallery before-booted full-screen-enabled only-one-cell \" data-images=\"[{&quot;image&quot;:{&quot;description&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;image_caption&quot;:null,&quot;small&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=480&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;medium&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=720&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;large&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;xlarge&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;full&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;},&quot;src&quot;:&quot;https:\/\/hypebeast.com\/image\/2026\/08\/12\/nba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg&quot;,&quot;alt&quot;:&quot;Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD luka doncic nba baskeball&quot;,&quot;width&quot;:1400,&quot;height&quot;:933,&quot;credit&quot;:&quot;Jevone Moore\/Icon Sportswire\/Getty Images&quot;,&quot;caption&quot;:&quot;&quot;,&quot;creditKey&quot;:&quot;general&quot;,&quot;description&quot;:&quot;&quot;,&quot;annotations&quot;:null,&quot;shop&quot;:{&quot;url&quot;:&quot;&quot;,&quot;href&quot;:&quot;&quot;,&quot;label&quot;:&quot;&quot;}}]\" role=\"list\">\n<div class=\"carousel-cell landscape\" data-gallery-index=\"1\" role=\"listitem\">\n<div class=\"carousel-cell-inner-wrapper\">\n<div class=\"carousel-cell-image-wrapper annotation-container fixed-ratio-3-2\">\n                                                                                                        <source data-srcset=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?q=90&amp;w=1400&amp;cbr=1&amp;fit=max\" media=\"(min-width: 1260px)\" \/><\/div>\n<div class=\"gallery-meta-container credit-wrapper\">\n<div class=\"credit \">Jevone Moore\/Icon Sportswire\/Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 12, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Los Angeles Lakers are being acquired by businessmen Josh Kushner and Bob Iger for a record $12.5 billion USD<\/p>\n<p>Mark Walter is selling the franchise less than a year after purchasing a controlling stake valued at $10 billion USD<\/p>\n<p>The transaction awaits official approval from the NBA Board of Governors at their upcoming September meeting<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are set to be acquired by Josh Kushner and Bob Iger for a record-breaking valuation of $12.5 billion USD. According to <em>ESPN<\/em>, the deal marks the highest sale price ever recorded for a professional sports franchise.<\/p>\n<p>Kushner and Iger, who were previously involved in NBA expansion efforts in Las Vegas, pivoted to deliver an aggressive buyout offer to current majority owner Mark Walter. Walter, CEO and chair of TWG Global, acquired his controlling interest in the franchise from the Buss family last year for a then-record $10 billion USD. The transaction comes as Walter faces federal investigation regarding alleged tax fraud involving linked insurance entities, though he is selling only the Lakers and retaining his other sports investments across the Los Angeles Dodgers, Los Angeles Sparks, Chelsea FC, and Cadillac Formula 1.<\/p>\n<p>The new ownership group combines Thrive Capital founder Josh Kushner\u2014who will divest his minority stake in the Miami Heat to clear the path for the purchase\u2014and former Disney CEO Bob Iger, who already holds controlling ownership of NWSL club Angel City FC. Lakers franchise cornerstone Luka Don\u010di\u0107 expressed enthusiasm for the new ownership era following the departure of LeBron James, stating he looks forward to working with Kushner and Iger to build a championship team in Los Angeles. Kushner said of the new deal, \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. We have immense respect for the leadership and vision of Jerry and Jeanie Buss. \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\n<\/p>\n<p>The transaction remains subject to official approval from the NBA Board of Governors, with the review process expected to take several weeks ahead of the board\u2019s next meeting in September 2026 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<footer>\n<div class=\"related-stories-main-wrapper\">\n<h3>Related Stories<\/h3>\n<div class=\"stories-container\" data-layer-list-name=\"related_stories\" data-layer-list-offset=\"0\" data-layer-list-child-selector=\".story-item\">\n<div class=\"story-item\" data-layer-item-id=\"6768060\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Reese Cooper Opens RC Outdoor Supply Retail Store in Los Angeles\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6768233\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Drake&#8217;s OVO and MLB Team up for 2026 Capsule Collection\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6768093\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Islam Makhachev Secures 17th Consecutive UFC Win Over Ian Machado Garry at UFC 330\n                                                                        <\/div>\n<\/div>\n<\/div>\n<div class=\"article-email-signup-wrapper impression-tracker\">\n<h3>We got you covered. Don\u2019t miss out on the latest news by signing up for our newsletters.<\/h3>\n<div class=\"terms\">By subscribing, you agree to our Terms of Use and Privacy Policy.<\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<section class=\"post__body__author_info\">\n<div class=\"post__body__author_info__inner\"><img decoding=\"async\" src=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F06%2F05%2Fjoyce-300.jpg?w=100&amp;cbr=1&amp;q=90&amp;fit=max\" alt=\"Joyce Li\" class=\"post__body__author_info__avatar\"><\/p>\n<div class=\"post__body__author_info__body\">\n<p>                    Joyce Li<\/p>\n<p>                                    <span class=\"post__body__author_info__title\">Editor<\/span><\/div>\n<\/div>\n<div class=\"post__body__author_info__bio_wrapper\">\n<p class=\"post__body__author_info__bio\">For over half a decade, Joyce Li has served as an Editor on Hypebeast&#8217;s global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.<\/p>\n<\/div>\n<\/section>\n<\/footer>\n<\/article>\n<\/div>\n<div id=\"post-footer\" class=\"post-footer row\">\n<div class=\"col-shopping-break\">\n<hr>\n<\/div>\n<div class=\"col-comments\">\n<div id=\"comments\" class=\"post-comments none \">\n<header>\n<div class=\"heading\"><span class=\"comment-count\">0<\/span><span>Comments<\/span><\/div>\n<div class=\"comment-dropdown-tooltip\">\n<ul>\n<li>\n<li><\/ul>\n<\/div>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row post-body\">\n<aside class=\"post-body-sidebar\">\n<div class=\"post-body-sidebar-upper\">\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 12, 2026<\/time><\/div>\n<ul class=\"post-body-sidebar-hype-comments-container list-unstyled d-none d-lg-block\">\n<li><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<\/li>\n<li><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-sm-inline text\">Comments<\/span><\/span>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<\/li>\n<li><span class=\"text\">Save<\/span><\/li>\n<\/ul>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<hr class=\"sidebar-divider d-none d-lg-block\">\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<\/div>\n<\/aside>\n<article class=\"post-body-article\">\n<div class=\"post-gallery-container small inner-media\">\n<div class=\"gallery-container post-gallery-contain\" role=\"region\" aria-label=\"Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD\">\n<div class=\"hb-gallery before-booted full-screen-enabled only-one-cell \" data-images=\"[{&quot;image&quot;:{&quot;description&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;image_caption&quot;:null,&quot;small&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=480&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;medium&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=720&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;large&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;xlarge&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;full&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;},&quot;src&quot;:&quot;https:\/\/hypebeast.com\/image\/2026\/08\/12\/nba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg&quot;,&quot;alt&quot;:&quot;Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD luka doncic nba baskeball&quot;,&quot;width&quot;:1400,&quot;height&quot;:933,&quot;credit&quot;:&quot;Jevone Moore\/Icon Sportswire\/Getty Images&quot;,&quot;caption&quot;:&quot;&quot;,&quot;creditKey&quot;:&quot;general&quot;,&quot;description&quot;:&quot;&quot;,&quot;annotations&quot;:null,&quot;shop&quot;:{&quot;url&quot;:&quot;&quot;,&quot;href&quot;:&quot;&quot;,&quot;label&quot;:&quot;&quot;}}]\" role=\"list\">\n<div class=\"carousel-cell landscape\" data-gallery-index=\"1\" role=\"listitem\">\n<div class=\"carousel-cell-inner-wrapper\">\n<div class=\"carousel-cell-image-wrapper annotation-container fixed-ratio-3-2\">\n                                                                                                        <source data-srcset=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?q=90&amp;w=1400&amp;cbr=1&amp;fit=max\" media=\"(min-width: 1260px)\" \/><\/div>\n<div class=\"gallery-meta-container credit-wrapper\">\n<div class=\"credit \">Jevone Moore\/Icon Sportswire\/Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 12, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Los Angeles Lakers are being acquired by businessmen Josh Kushner and Bob Iger for a record $12.5 billion USD<\/p>\n<p>Mark Walter is selling the franchise less than a year after purchasing a controlling stake valued at $10 billion USD<\/p>\n<p>The transaction awaits official approval from the NBA Board of Governors at their upcoming September meeting<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are set to be acquired by Josh Kushner and Bob Iger for a record-breaking valuation of $12.5 billion USD. According to <em>ESPN<\/em>, the deal marks the highest sale price ever recorded for a professional sports franchise.<\/p>\n<p>Kushner and Iger, who were previously involved in NBA expansion efforts in Las Vegas, pivoted to deliver an aggressive buyout offer to current majority owner Mark Walter. Walter, CEO and chair of TWG Global, acquired his controlling interest in the franchise from the Buss family last year for a then-record $10 billion USD. The transaction comes as Walter faces federal investigation regarding alleged tax fraud involving linked insurance entities, though he is selling only the Lakers and retaining his other sports investments across the Los Angeles Dodgers, Los Angeles Sparks, Chelsea FC, and Cadillac Formula 1.<\/p>\n<p>The new ownership group combines Thrive Capital founder Josh Kushner\u2014who will divest his minority stake in the Miami Heat to clear the path for the purchase\u2014and former Disney CEO Bob Iger, who already holds controlling ownership of NWSL club Angel City FC. Lakers franchise cornerstone Luka Don\u010di\u0107 expressed enthusiasm for the new ownership era following the departure of LeBron James, stating he looks forward to working with Kushner and Iger to build a championship team in Los Angeles. Kushner said of the new deal, \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. We have immense respect for the leadership and vision of Jerry and Jeanie Buss. \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\n<\/p>\n<p>The transaction remains subject to official approval from the NBA Board of Governors, with the review process expected to take several weeks ahead of the board\u2019s next meeting in September 2026 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<footer>\n<div class=\"related-stories-main-wrapper\">\n<h3>Related Stories<\/h3>\n<div class=\"stories-container\" data-layer-list-name=\"related_stories\" data-layer-list-offset=\"0\" data-layer-list-child-selector=\".story-item\">\n<div class=\"story-item\" data-layer-item-id=\"6768060\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Reese Cooper Opens RC Outdoor Supply Retail Store in Los Angeles\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6768233\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Drake&#8217;s OVO and MLB Team up for 2026 Capsule Collection\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6768093\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Islam Makhachev Secures 17th Consecutive UFC Win Over Ian Machado Garry at UFC 330\n                                                                        <\/div>\n<\/div>\n<\/div>\n<div class=\"article-email-signup-wrapper impression-tracker\">\n<h3>We got you covered. Don\u2019t miss out on the latest news by signing up for our newsletters.<\/h3>\n<div class=\"terms\">By subscribing, you agree to our Terms of Use and Privacy Policy.<\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<section class=\"post__body__author_info\">\n<div class=\"post__body__author_info__inner\"><img decoding=\"async\" src=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F06%2F05%2Fjoyce-300.jpg?w=100&amp;cbr=1&amp;q=90&amp;fit=max\" alt=\"Joyce Li\" class=\"post__body__author_info__avatar\"><\/p>\n<div class=\"post__body__author_info__body\">\n<p>                    Joyce Li<\/p>\n<p>                                    <span class=\"post__body__author_info__title\">Editor<\/span><\/div>\n<\/div>\n<div class=\"post__body__author_info__bio_wrapper\">\n<p class=\"post__body__author_info__bio\">For over half a decade, Joyce Li has served as an Editor on Hypebeast&#8217;s global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.<\/p>\n<\/div>\n<\/section>\n<\/footer>\n<\/article>\n<\/div>\n<div class=\"post-body-sidebar-upper\">\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 12, 2026<\/time><\/div>\n<ul class=\"post-body-sidebar-hype-comments-container list-unstyled d-none d-lg-block\">\n<li><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<\/li>\n<li><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-sm-inline text\">Comments<\/span><\/span>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<\/li>\n<li><span class=\"text\">Save<\/span><\/li>\n<\/ul>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<hr class=\"sidebar-divider d-none d-lg-block\">\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<\/div>\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 12, 2026<\/time><\/div>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<article class=\"post-body-article\">\n<div class=\"post-gallery-container small inner-media\">\n<div class=\"gallery-container post-gallery-contain\" role=\"region\" aria-label=\"Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD\">\n<div class=\"hb-gallery before-booted full-screen-enabled only-one-cell \" data-images=\"[{&quot;image&quot;:{&quot;description&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;image_caption&quot;:null,&quot;small&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=480&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;medium&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=720&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;large&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;xlarge&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;full&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;},&quot;src&quot;:&quot;https:\/\/hypebeast.com\/image\/2026\/08\/12\/nba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg&quot;,&quot;alt&quot;:&quot;Josh Kushner and Bob Iger to Acquire Los Angeles Lakers for $12.5 Billion USD luka doncic nba baskeball&quot;,&quot;width&quot;:1400,&quot;height&quot;:933,&quot;credit&quot;:&quot;Jevone Moore\/Icon Sportswire\/Getty Images&quot;,&quot;caption&quot;:&quot;&quot;,&quot;creditKey&quot;:&quot;general&quot;,&quot;description&quot;:&quot;&quot;,&quot;annotations&quot;:null,&quot;shop&quot;:{&quot;url&quot;:&quot;&quot;,&quot;href&quot;:&quot;&quot;,&quot;label&quot;:&quot;&quot;}}]\" role=\"list\">\n<div class=\"carousel-cell landscape\" data-gallery-index=\"1\" role=\"listitem\">\n<div class=\"carousel-cell-inner-wrapper\">\n<div class=\"carousel-cell-image-wrapper annotation-container fixed-ratio-3-2\">\n                                                                                                        <source data-srcset=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-001.jpg?q=90&amp;w=1400&amp;cbr=1&amp;fit=max\" media=\"(min-width: 1260px)\" \/><\/div>\n<div class=\"gallery-meta-container credit-wrapper\">\n<div class=\"credit \">Jevone Moore\/Icon Sportswire\/Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 12, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Los Angeles Lakers are being acquired by businessmen Josh Kushner and Bob Iger for a record $12.5 billion USD<\/p>\n<p>Mark Walter is selling the franchise less than a year after purchasing a controlling stake valued at $10 billion USD<\/p>\n<p>The transaction awaits official approval from the NBA Board of Governors at their upcoming September meeting<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are set to be acquired by Josh Kushner and Bob Iger for a record-breaking valuation of $12.5 billion USD. According to <em>ESPN<\/em>, the deal marks the highest sale price ever recorded for a professional sports franchise.<\/p>\n<p>Kushner and Iger, who were previously involved in NBA expansion efforts in Las Vegas, pivoted to deliver an aggressive buyout offer to current majority owner Mark Walter. Walter, CEO and chair of TWG Global, acquired his controlling interest in the franchise from the Buss family last year for a then-record $10 billion USD. The transaction comes as Walter faces federal investigation regarding alleged tax fraud involving linked insurance entities, though he is selling only the Lakers and retaining his other sports investments across the Los Angeles Dodgers, Los Angeles Sparks, Chelsea FC, and Cadillac Formula 1.<\/p>\n<p>The new ownership group combines Thrive Capital founder Josh Kushner\u2014who will divest his minority stake in the Miami Heat to clear the path for the purchase\u2014and former Disney CEO Bob Iger, who already holds controlling ownership of NWSL club Angel City FC. Lakers franchise cornerstone Luka Don\u010di\u0107 expressed enthusiasm for the new ownership era following the departure of LeBron James, stating he looks forward to working with Kushner and Iger to build a championship team in Los Angeles. Kushner said of the new deal, \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. We have immense respect for the leadership and vision of Jerry and Jeanie Buss. \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\n<\/p>\n<p>The transaction remains subject to official approval from the NBA Board of Governors, with the review process expected to take several weeks ahead of the board\u2019s next meeting in September 2026 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<footer>\n<div class=\"related-stories-main-wrapper\">\n<h3>Related Stories<\/h3>\n<div class=\"stories-container\" data-layer-list-name=\"related_stories\" data-layer-list-offset=\"0\" data-layer-list-child-selector=\".story-item\">\n<div class=\"story-item\" data-layer-item-id=\"6768060\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Reese Cooper Opens RC Outdoor Supply Retail Store in Los Angeles\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6768233\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Drake&#8217;s OVO and MLB Team up for 2026 Capsule Collection\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6768093\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Islam Makhachev Secures 17th Consecutive UFC Win Over Ian Machado Garry at UFC 330\n                                                                        <\/div>\n<\/div>\n<\/div>\n<div class=\"article-email-signup-wrapper impression-tracker\">\n<h3>We got you covered. Don\u2019t miss out on the latest news by signing up for our newsletters.<\/h3>\n<div class=\"terms\">By subscribing, you agree to our Terms of Use and Privacy Policy.<\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<section class=\"post__body__author_info\">\n<div class=\"post__body__author_info__inner\"><img decoding=\"async\" src=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F06%2F05%2Fjoyce-300.jpg?w=100&amp;cbr=1&amp;q=90&amp;fit=max\" alt=\"Joyce Li\" class=\"post__body__author_info__avatar\"><\/p>\n<div class=\"post__body__author_info__body\">\n<p>                    Joyce Li<\/p>\n<p>                                    <span class=\"post__body__author_info__title\">Editor<\/span><\/div>\n<\/div>\n<div class=\"post__body__author_info__bio_wrapper\">\n<p class=\"post__body__author_info__bio\">For over half a decade, Joyce Li has served as an Editor on Hypebeast&#8217;s global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.<\/p>\n<\/div>\n<\/section>\n<\/footer>\n<\/article>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 12, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 12, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 12, 2026<\/time><\/span><\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             827<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Los Angeles Lakers are being acquired by businessmen Josh Kushner and Bob Iger for a record $12.5 billion USD<\/p>\n<p>Mark Walter is selling the franchise less than a year after purchasing a controlling stake valued at $10 billion USD<\/p>\n<p>The transaction awaits official approval from the NBA Board of Governors at their upcoming September meeting<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are set to be acquired by Josh Kushner and Bob Iger for a record-breaking valuation of $12.5 billion USD. According to <em>ESPN<\/em>, the deal marks the highest sale price ever recorded for a professional sports franchise.<\/p>\n<p>Kushner and Iger, who were previously involved in NBA expansion efforts in Las Vegas, pivoted to deliver an aggressive buyout offer to current majority owner Mark Walter. Walter, CEO and chair of TWG Global, acquired his controlling interest in the franchise from the Buss family last year for a then-record $10 billion USD. The transaction comes as Walter faces federal investigation regarding alleged tax fraud involving linked insurance entities, though he is selling only the Lakers and retaining his other sports investments across the Los Angeles Dodgers, Los Angeles Sparks, Chelsea FC, and Cadillac Formula 1.<\/p>\n<p>The new ownership group combines Thrive Capital founder Josh Kushner\u2014who will divest his minority stake in the Miami Heat to clear the path for the purchase\u2014and former Disney CEO Bob Iger, who already holds controlling ownership of NWSL club Angel City FC. Lakers franchise cornerstone Luka Don\u010di\u0107 expressed enthusiasm for the new ownership era following the departure of LeBron James, stating he looks forward to working with Kushner and Iger to build a championship team in Los Angeles. Kushner said of the new deal, \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. We have immense respect for the leadership and vision of Jerry and Jeanie Buss. \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\n<\/p>\n<p>The transaction remains subject to official approval from the NBA Board of Governors, with the review process expected to take several weeks ahead of the board\u2019s next meeting in September 2026 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/hypebeast.com\/2026\/8\/nba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F12%2Fnba-josh-kushner-bob-iger-acquire-los-angeles-lakers-12-5-billion-usd-tw.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&#8221;] Sports Aug 12, 2026 827 Views 0\u00a0Comments Comments Save Text By Joyce Li Share this article Jevone Moore\/Icon Sportswire\/Getty Images Sports Aug 12, 2026 827 Views 0\u00a0Comments Comments Save Summary The Los Angeles Lakers are being acquired by businessmen Josh Kushner and Bob Iger for a record $12.5 billion USD Mark Walter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[226,39],"class_list":["post-2097163","post","type-post","status-publish","format-standard","hentry","category-politics","tag-crawlmanager","tag-hypebeast-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2097163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2097163"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2097163\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2097163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2097163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2097163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}