Because after the former Disney CEO and his business …

[ASFN Admin]

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. Iger and Kushner immediately jumped at the opportunity, coming to an agreement to buy the Lakers within three business days.

New York Post

This article originally appeared on Hoops Hype: Because after the former Disney CEO and his business …

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