Bob Iger and Joshua Kushner are buying the Los Angeles Lakers, and a group led by Jeff Bezos just bought into Liverpool FC. Is billionaire and celebrity ownership good for sports?
In August 2026, Disney's former CEO Bob Iger and investor Joshua Kushner agreed to buy the Los Angeles Lakers at a record $12.5 billion valuation, while a group led by Amazon founder Jeff Bezos bought a minority stake in Liverpool FC.
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I am leaning toward "good" 'cause they can afford it and could invest... but wish these big name teams were more affordable to go to in person for the local fans
Iger is a respected business leader with a long track record that includes sports (ESPN). I think he'll do good things for the Lakers.