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Bob Iger and Josh Kushner made headlines for purchasing the LA Lakers basketball team for a record amount.

Bob Iger and Josh Kushner have bought the iconic LA Lakers basketball team in a record-breaking deal reportedly valued between $12.5 billion and $17.7 billion, according to various news sources. The purchase follows a prior acquisition of the team by Mark Walter only a year before. Additionally, Iger and Kushner have shown interest in bidding for a Las Vegas NBA expansion team, indicating a significant involvement in basketball sports ownership.