Josh Kushner, Bob Iger Selling Lakers Minority Stakes Starting At $250M

Josh Kushner and Bob Iger are offering minority stakes in the Los Angeles Lakers starting at $250 million each. The pair are building out their ownership group after agreeing to buy the team at a record $12.5 billion valuation. Kushner and Iger have been selling stakes for between $250 million and $300 million apiece. Some investors will commit significantly larger amounts. The report from FrontOfficeSports follows comments from Bill Simmons on his podcast Thursday. Simmons claimed Kushner is...