BUSINESS

Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says

CNBC BusinessWednesday, August 12, 2026 at 4:59 PM

RedScroll Brief

Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says — Image via CNBC Business

Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

RedScroll Signal

Impact: High
Category: Business
Market relevance: High
Why it matters: Corporate and market moves reprice risk and reveal where power and cash are concentrating. Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion. Investors will watch earnings, rates, and competitive positioning connected to Bob Iger and Joshua Kushner.

Read original source → CNBC BUSINESS Edition 2026-08-12

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

Why it matters

Corporate and market moves reprice risk and reveal where power and cash are concentrating.

Background

CNBC Business reported on this under business. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

Wed, Aug 12, 2026, 4:59 PM UTC
CNBC Business published: Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Now
Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Investors will watch earnings, rates, and competitive positioning connected to Bob Iger and Joshua Kushner.

Source

CNBC Business

Original reporting by CNBC Business. RedScroll provides an extractive briefing only.