Former Disney CEO Bob Iger and Josh Kushner Purchase L.A. Lakers for $12.5 Billion
Bob Iger, former CEO of Disney, along with Josh Kushner's Thrive Capital, has acquired the Los Angeles Lakers NBA franchise for $12.5 billion. The deal fulfills a lifelong dream for Iger, who expressed deep honor in becoming a steward of the team. The purchase marks a major post-Disney investment for Iger.
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Original headline: “Bob Iger Buys L.A. Lakers In Big Bucks Post-Disney Slam Dunk.” Browse more stories.