Jared Kushner's brother Joshua, former Disney CEO Bob Iger, buying NBA's Los Angeles Lakers team

Jewish businessmen Joshua Kushner and former Disney CEO Bob Iger are reportedly purchasing the NBA's Los Angeles Lakers for a record-setting $12.5 billion, according to ESPN. This acquisition comes just over a year after the team's controlling stake was sold for $10 billion to Mark Walter, who is reportedly seeking cash due to a Department of Justice investigation. Kushner, a venture capitalist and brother of Jared Kushner, will need to sell his minority stake in the Miami Heat to complete the deal. Iger, 75, recently concluded his second tenure as Disney CEO. In a joint statement, Iger and Kushner expressed their honor, stating, "As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world." This sale is part of a recent trend of high-profile NBA team transactions involving Jewish businesspeople.