Magic Johnson Congratulates Good Friends Bob Iger and Josh Kushner on Buying the Lakers: Is the Franchise Headed for a Shakeup?
Key takeaways
- The Lakers' new ownership group, led by Bob Iger and Josh Kushner, is poised to usher in a new era for the franchise, with potential changes to the team's leadership and direction.
- $12.5 billion: The Lakers' acquisition price
- $7.4 billion: Disney's purchase price for Pixar
- $4.05 billion: Disney's purchase price for Lucasfilm
What happened
Bob Iger and Josh Kushner acquired the Los Angeles Lakers for a record $12.5 billion, surpassing Disney's previous largest deals.
Why it matters
The acquisition raises questions about the future of Jeanie Buss and Rob Pelinka's roles with the team, and whether Iger and Kushner will make significant changes to the franchise.
Short-term and longer-term
Short-term. The Lakers' acquisition by Iger and Kushner raises questions about the team's future direction and potential leadership changes, with implications for the franchise's competitiveness and fan engagement.
Longer-term. The acquisition highlights Iger's reputation as a major dealmaker and sets a new standard for the team's valuation.