Crypto Ticker:
news from ZeroHedge

Josh Kushner, Bob Iger Stun Sports World With Record-Shattering $12 Billion Lakers Takeover Deal

Tyler Durden
7 hours ago
15 Views
0 Comments
Josh Kushner, Bob Iger Stun Sports World With Record-Shattering $12 Billion Lakers Takeover Deal

Josh Kushner, Bob Iger Stun Sports World With Record-Shattering $12 Billion Lakers Takeover Deal The Los Angeles Lakers are being sold to billionaire venture capitalist Josh Kushner, founder of Thrive Capital, and former Disney CEO Bob Iger for a record-breaking $12 billion, according to a new ESPN report. The sports news website said: The businessmen were involved in the expansion process in Las Vegas, but in a stunning turn, they pivoted to make an aggressive offer to buy the Lakers from Mark Walter, who had purchased a controlling interest in the team from the Buss family last year for a franchise valuation of approximately $10 billion. The $12 billion buyout price implies an increase of at least 20% in the Lakers'...

Read the full article at the source.

Join the discussion — comment, vote, and submit links.

Register
Was this helpful?
Share:

Comments (0)

Please login or register to join the discussion

No comments yet. Be the first to comment!