Everything you need to know about Disney, ESPN, and Bob Iger’s return as CEO
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Bob Iger is reportedly buying the Los Angeles Lakers.
ESPN and other outlets report that Josh Kushner, the brother of Trump’s son-in-law Jared Kushner and founder of Thrive Capital, and former Disney boss Bob Iger made the deal for $12.5 billion, a record-breaking price.
The pair had interest in a possible Las Vegas expansion team, but according to ESPN, “pivoted to make an aggressive offer to buy the Lakers from Mark Walter,” who became the team’s majority owner one year ago and is under federal investigation for alleged tax fraud.
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