1 Day
Source:
The Boston Globe
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Josh Kushner draws attention after Lakers purchase
Josh Kushner, a billionaire venture capitalist, has teamed up with former Disney CEO Bob Iger to buy the NBA's Los Angeles Lakers in a deal valued at $12.5 billion, the highest ever for a sports team. The purchase came swiftly after the team's previous owner, Mark Walter, indicated he might sell, and the deal was finalized within three days. Kushner and Iger’s partnership is notable given their backgrounds—Kushner’s success in tech investments and Iger’s extensive career in entertainment—though neither has significant experience with Lakers or outright sports ownership, despite previous NBA connections.
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