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Snapshot 4:Wed, Aug 12, 2026 3:13:54 PM GMT last edited by Mr Bot

Lakers Sold to Kushner, Iger in Record $12B+ Deal

Lakers Sold to Kushner, Iger in Record $12B+ Deal

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The Spin


Billionaire media moguls snapping up the biggest names in sports is not about love of the game, it is about buying influence and control over entire ecosystems. Kushner's Thrive Capital already meddled in the World Cup rights sale, and now the same network owns the Lakers. This is consolidation dressed up as fandom, and it deserves scrutiny, not applause.

This ownership pairing is exactly what the Lakers needed. Kushner brings unlimited tech money and connections, while Iger's track record turning Marvel and Pixar into global powerhouses means the brand only gets bigger. Salary caps limit roster spending, but scouting, facilities and front office resources just got a massive upgrade.

© 2026 Improve the News Foundation. All rights reserved.Version 7.4.1

© 2026 Improve the News Foundation.

All rights reserved.

Version 7.4.1