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Friday, 14 August 2026

Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

Fortune 39 ● 2 sources

Joshua Kushner and Bob Iger announced a plan to buy the Los Angeles Lakers for $12.5 billion, pending NBA Board of Governors approval. The deal price would be the largest pro sports team sale in U.S. history at $12.5 billion. The announcement also spotlights Kushner’s prior OpenAI investments, including a roughly $1 billion stake at a $285 billion valuation in December.

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