Kushner and Iger’s $12.5B Lakers purchase shatters sports‑team valuation ceiling
Venture capitalist Josh Kushner and former Disney CEO Bob Iger bought a controlling stake in the Los Angeles Lakers for more than $12.5 billion, eclipsing the previous $10 billion record. The price, 18 times the team’s revenue, pushes NBA franchise multiples to historic highs and forces a reassessment of values across all major sports leagues.