Lakers Ownership Group Adds Jared Kushner's Brother and Former Disney CEO Bob Iger
A group including Joshua Kushner and former Disney CEO Bob Iger has agreed to purchase the Los Angeles Lakers from the Buss family.
The Los Angeles Lakers are set to change hands in a sale that brings high-profile businessman Joshua Kushner and former Walt Disney Company chief executive Bob Iger into the team's ownership group. The agreement ends the Buss family's decades-long stewardship of one of the NBA's most storied franchises.
Who is buying the Lakers
Joshua Kushner, the brother of former presidential adviser Jared Kushner, is joining the investment group alongside Iger, who stepped down as Disney CEO in recent years. The pair are part of a broader consortium put together to acquire the team, though additional partners and the precise share each party will hold have not yet been fully disclosed.
End of the Buss family era
The Buss family, led by the late Jerry Buss and later by his daughter Jeanie Buss, has owned the Lakers since 1979. During that stretch the franchise won multiple NBA championships and built a global brand tied to superstar players. The sale marks the first time in nearly half a century that the team will sit outside the family's control.
What comes next
The deal still requires formal approval from the NBA Board of Governors before it is finalised. Once cleared, the new ownership group will inherit decisions about the roster, coaching staff and the long-running effort to secure a new arena for the team.
- Sale price and exact ownership shares have not been publicly confirmed.
- The NBA Board of Governors must approve any change in team ownership.
- Jeanie Buss is expected to remain involved in some capacity during the transition.
Further details, including the official transaction value and the full investor list, are expected to be released once the league review process is complete. Fans and analysts alike will be watching closely to see how the new group approaches the franchise's next chapter.