Bob Iger and Josh Kushner have reportedly purchased the Los Angeles Lakers for a record-breaking $12.5 billion. This valuation represents a 21% increase in just 14 months since Mark Walter acquired a controlling stake from the Buss family. The deal highlights the growing trend of sports franchises being viewed as entertainment properties, mirroring the strategy employed by Iger during his tenure at Disney. AI
RANK_REASON Major acquisition of a prominent sports franchise by high-profile investors. [lever_c_demoted from significant: ic=1 ai=0.1]
- Bob Iger
- Buss family
- Disney
- ESPN
- Jerry Buss
- Josh Kushner
- Los Angeles Lakers
- Magic Johnson
- Mark Walter
- Thrive Capital
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