The Billion Dollar Entertainment Empire: Disney's Iger and Thrive Capital's Kushner Buy the LA Lakers The Los Angeles Lakers have been sold to a consortium led by Bob Iger, former CEO of Disney, and Josh Kushner, founder of Thrive Capital, for a record breaking $12.
5 billion. This deal not only sets a new benchmark for sports franchise valuations but also highlights the increasingly blurred lines between entertainment and sports.
The Lakers' history as a showbiz spectacle is well documented, dating back to Jerry Buss's tenure from 1979 to 2013.