conv.

All stories
BusinessQuiet 85d · day 86

Iger and Kushner's $12.5bn Lakers bid signals NBA's private-equity turn

A Guardian analysis frames the proposed $12.5bn sale of the LA Lakers to Bob Iger and Josh Kushner as evidence NBA teams are becoming private-equity trading assets.

newest coverage 84d agosummary written 84d ago5 pieces MastodonGoogle NewsNewswires

What to know

  • Bob Iger and Josh Kushner have put together a $12.5bn bid to buy the Los Angeles Lakers.
  • Analysis frames the deal as a sign the NBA is moving from long-term family ownership to private-equity-style quick flips.
  • The Lakers, historically a marquee franchise built on continuity (Showtime, Shaq-Kobe eras), are cited as a bellwether for this shift across the league.

Bob IgerBob Iger Former Disney CEO, lead bidderJosh Kushner Investor, lead bidder

Iger and Kushner's $12.5bn Lakers bid signals NBA's private-equity turn
theguardian.com

The record 1 articles and posts · last 30 days

  1. From Showtime to Insurance Time: how the LA Lakers became a $12.5bn hedge fund play press · Guardian Sport · Aaron Timms · 84d ago · +3 outlets