Who are Josh Kushner, Bob Iger? Meet the men who just bought Lakers for record-breaking $12.5 billion

Not even a year after purchasing the team, Mark Walter sold the Lakers to Bob Iger and Josh Kushner. So, who are the new owners of the iconic Los Angeles franchise?

Most know Iger as the former CEO of Disney, recently being succeeded by Josh D’Amaro in March 2026. He had been with Disney for over two decades, serving as president, chairman, and CEO of it at different times.

Meanwhile, Kushner is one of the founders and managing partners of Thrive Capital. Additionally, he is the co-founder and vice-chairman of Oscar Health.

He is the youngest son of Charles Kushner. His brother, Jared Kushner, is a businessman and politician and is married to Ivanka Trump.

Kushner is no stranger to the NBA. He previously held a 2.5% stake in the Memphis Grizzlies before selling it to buy a small stake in the Miami Heat in 2024. Now, he will have to sell his stake in the Heat in order to become a controlling owner of the Lakers.

Iger and Kushner have been involved in the NBA’s expansion to Las Vegas. However, it’s unknown how prevalent they will be in that process moving forward now that they own the Lakers.

Why did Mark Walter sell the Lakers to Bob Iger and Josh Kushner?

Walter sold the team amid the legal trouble he faces. He is an owner or part-owner of several sports franchises, most notably the Los Angeles Dodgers and Chelsea F.C.

However, he has recently been under investigation by federal prosecutors and the SEC for potential financial shadiness. They are investigating his companies over around $16 billion in potential financial improprieties and tax fraud.

Now, he no longer owns the Lakers. His purchase of the team was unanimously approved by the NBA. He will retain ownership of the Dodgers, though. The sale of the Lakers is the latest development in the offseason drama.

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