Bob Iger reveals timing, intimate details of Lakers ‘extraordinary’ purchase

Source: New York Post

For Bob Iger, his and Josh Kushner’s purchase of the majority ownership of the Lakers from Mark Walter for a historic $12. 5 billion valuation was still sinking in as of late Wednesday morning. Because after the former Disney CEO and his business partner originally pursued ownership stakes in the NBA’s potential expansion in Las Vegas, it came to their attention last weekend that Walter could be interested in selling his stake in the Lakers that he purchased just over a year ago.

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