'Shocker': Disney titan, World Cup plotter behind bombshell NBA sale as Trump denies $12b link
foxsports.com.au
Former Disney CEO Bob Iger and investor Joshua Kushner are reportedly buying the Lakers — raising the question of whether elite networks or pure capital win trophy assets.
Elite Network TheoryPrincipal-Agent ProblemVeblen GoodsPower Consolidation
Theory Briefing
- The Lakers, one of the NBA's most storied franchises, are reportedly being sold in a deal valued at $12 billion.
- Bob Iger, former Disney CEO, is named as a buyer — suggesting media and entertainment power brokers are converging on elite sports ownership.
- Joshua Kushner, a well-connected investor, is co-named in the deal, pointing to how political and financial networks intertwine in high-stakes sports transactions.
- Trump's public denial of a link to the $12 billion deal adds a political dimension that the reported buyer list alone doesn't fully explain.