• Video
  • Shop
  • Culture
  • Family
  • Wellness
  • Food
  • Living
  • Style
  • Travel
  • News
  • Book Club
  • Newsletter
  • Privacy Policy
  • Your US State Privacy Rights
  • Children's Online Privacy Policy
  • Interest-Based Ads
  • Terms of Use
  • Do Not Sell My Info
  • Contact Us
  • Recalls and Product Safety Alerts
  • © 2026 ABC News
Former Disney CEO Bob Iger and venture capitalist Josh Kushner – the brother of Pres. Trump’s son-in-law Jared Kushner – announced they're buying the Los Angeles Lakers for $12.5 billion, the most expensive sports franchise sale in history. Trevor Ault reports.
1:16
  • ABC News
  • August 13, 2026

Bob Iger, Josh Kushner buying Los Angeles Lakers for record-breaking $12.5 billion

Former Disney CEO Bob Iger and venture capitalist Josh Kushner – the brother of Pres. Trump’s son-in-law Jared Kushner – announced they're buying the Los Angeles Lakers for $12.5 billion, the most expensive sports franchise sale in history. Trevor Ault reports.

Up Next in news

VIDEO: New Jersey sues Amazon

New Jersey sues Amazon

August 5, 2026
VIDEO: US launches new retaliatory strikes on Iran after attack on US forces

US launches new retaliatory strikes on Iran after attack on US forces

July 30, 2026
VIDEO: Tornadoes touch down as severe storms sweep East

Tornadoes touch down as severe storms sweep East

July 28, 2026

The latest lifestyle and entertainment news and inspiration for how to live your best life - all from Good Morning America.
  • Contests
  • Terms of Use
  • Privacy Policy
  • Do Not Sell My Info
  • Children’s Online Privacy Policy
  • Advertise with us
  • Your US State Privacy Rights
  • Interest-Based Ads
  • About Nielsen Measurement
  • Press
  • Feedback
  • Shop FAQs
  • ABC News
  • ABC
  • All Videos
  • All Topics
  • Sitemap
  • Recalls and Product Safety Alerts

© 2026 ABC News
  • Privacy Policy— 
  • Your US State Privacy Rights— 
  • Children's Online Privacy Policy— 
  • Interest-Based Ads— 
  • Terms of Use— 
  • Do Not Sell My Info— 
  • Contact Us— 
  • Recalls and Product Safety Alerts— 

© 2026 ABC News