Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’ | Fortune0

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• August 16, 2026

Thrive Capital founder Joshua Kushner and former Disney CEO Bob Iger stunned the sports world this week with a deal to buy the Los Angeles Lakers for a record $12.5 billion. If approved, the acquisition would provide the new owners with an iconic NBA franchise that boasts 17 championships as well as ties to legends