Lakers to Be Sold to Bob Iger and Joshua Kushner’s Firm

The Los Angeles Lakers NBA franchise is set to be sold to former Disney CEO Bob Iger and investor Joshua Kushner, whose firm Thrive Capital has been exploring major sports deals in recent months. The deal marks the second ownership change for the Lakers in less than a year, with the buyers describing the franchise as 'one of the most iconic sports franchises in the world.' The surprise transaction raises questions about current owner Mark Walter's broader sports empire.