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The Nexus
BUSINESSAug 14 · 01:16 UTCWTOP DCWTOP Staff

Josh Kushner moves into spotlight after stunning purchase of Lakers with partner Bob Iger

Josh Kushner and Bob Iger announced a stunning agreement to buy the NBA’s Los Angeles Lakers from Mark Walter at $12.5 billion, which is stated as the highest valuation for a team sports sale. This deal marked a high-profile entry into the sports market for the tech investor Josh Kushner. Historically, he has also utilized his venture capital firm, Thrive Capital, to invest in companies like OpenAI and SpaceX.

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