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Live Updates  >  Live Update Details

2026-09-19 03:30:11

[NBA Adjusts Private Equity Rules to Clear Obstacles for Kushner and Iger's Lakers Acquisition] According to sources, the NBA is adjusting its existing private equity policies to allow a single investment firm and its management team to jointly invest in a single team. This rule change will allow Joshua Kushner, the younger brother of Trump's son-in-law Jared Kushner, and former Disney CEO Bob Iger to combine their personal capital with funds from Kushner's Thrive Eternal company to jointly invest in the acquisition of the Los Angeles Lakers.

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