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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. August 12, 2026 Additional Live Streams Live Live Top Stories 1:05 1:23 2:55 1:56 1:18 0:16 1:57 0:21 0:13 1:16 3:24 4:53 2:06 1:02 2 found dead in Massachusetts home: Police - 8 hours ago 2:17 7:02 6:03 David Crowley wins close Wisconsin primary - 6 hours ago 3:25 Key matchups set after high-stakes primaries - 9 hours ago 1:05 1:52 2:04 1:27 Powerball jackpot reaches $1 billion - 11 hours ago 3:30 'Hacks' goes live after record Emmy run - 8 hours ago 1:18 1:34 5:57 2:01 3:00 1:44 3:20 New study links belly fat to heart disease risk - 13 hours ago ABC News Live Presents A variety of news and talk shows featuring our flagship programming. 28:02 25:01 22:21 22:14 25:22 22:20 1:16:41 22:22 20:52 22:22 22:57 22:00 22:31 23:44 24:03 24:29 23:35 AI: The Next Chapter - Feb 6 24:32 21:27 Daddy Yankee: A Higher Note - Nov 20, 2025 24:43 Gut Check: The Foods We Eat - Nov 19, 2025 21:31 All Access With Linsey Davis: Stevie Van Zandt - Nov 18, 2025 22:59 All Access with Linsey Davis: Andrew Cuomo - Oct 30, 2025 23:40 All Access With Linsey Davis: Zohran Mamdani - Oct 27, 2025 23:52 22:30 All Access With Linsey Davis: Jeremy Allen White - Oct 20, 2025 24:14 The Children of Gaza - Oct 11, 2025 23:23 24:06 The Playlist Presents: Dale Play! - Sep 26, 2025 22:27 22:07 ABC News Specials on ABC News ABC News Illustration ABC News ABC News ABC News ABC News ABC News ABC News ABCNews.com ABC News ABC News ABC News ABC News ABC News ABC News ABC News ABC News ABC News ABC News ABC News