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Josh Kushner, former Disney CEO Bob Iger to purchase Los Angeles Lakers for $12B
Summary by The Los Angeles Editorial Desk · As published by Awful Announcing
· August 12, 2026
· 1 min read
Story provenance No corrections
Summary created by The Los Angeles Editorial Desk — automated, rule-governed Published by Awful Announcing Original story Read at the source (via Google News) Source published Aug 12, 2026 Indexed here Aug 12, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The purchase price for the team is reportedly $12 billion.
A significant development is unfolding in the Los Angeles sports scene. The Los Angeles Lakers are set to be purchased by a group including Josh Kushner and former Disney CEO Bob Iger. The purchase price for the team is reportedly $12 billion.
Further details on this acquisition can be found through Awful Announcing, as information is currently limited to the key parties and price involved in the purchase.
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About this story
As published by Awful Announcing . The Los Angeles surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Awful Announcing . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: August 12, 2026 ·
Source: Awful Announcing ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A significant development is unfolding in the Los Angeles sports scene. The Los Angeles Lakers are set to be purchased by a group including Josh Kushner and former Disney CEO Bob Iger. The purchase…
When was this published? This article was first published on August 12, 2026 by Awful Announcing and curated for The Los Angeles readers.
Who reported this story? This story was reported by Awful Announcing. To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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