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Kushner and Kloss acquire minority stake in Los Angeles Lakers

Joshua Kushner and Karlie Kloss have acquired a minority stake in the Los Angeles Lakers, aiming to revitalize the struggling NBA franchise. Their business acumen and focus on modernizing the team co…

A pair of Jewish businessmen gave the Lakers their name. Another Jewish duo will try to restore it to glory.
Religion News Service — 13 August 2026
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Joshua Kushner and Karlie Kloss are set to play pivotal roles in revitalizing the Los Angeles Lakers, a storied NBA franchise known for its "Showtime" era of the 1980s. The couple recently acquired a minority stake in the team, aiming to restore the Lakers to their former glory. This move comes amid a challenging period for the franchise, which has struggled to regain its championship-winning status in recent years.

The Lakers have a rich history, with the team being founded in 1947. Originally based in Minneapolis, the franchise moved to Los Angeles in 1960 and quickly became a cultural icon. The "Showtime" era, featuring stars like Magic Johnson and Kareem Abdul-Jabbar, defined the team's legacy with its fast-paced, high-scoring style. However, the team has not been able to replicate that success consistently since the early 2010s, with fluctuating performance and internal strife contributing to a less-than-stellar reputation in recent seasons.

Kushner, a venture capitalist and younger brother of Jared Kushner, brings a wealth of business experience to the Lakers. Kloss, a supermodel and entrepreneur, is known for her philanthropic efforts and advocacy work. Their involvement signals a commitment to modernizing the franchise both on and off the court. With their backgrounds in tech and media, the couple aims to engage younger fans and leverage new platforms to enhance the Lakers' brand.

Looking ahead, the couple's investment could reshape the team's strategy and culture. Fans are eager to see how this new leadership will influence player recruitment, coaching decisions, and community engagement. The duo faces the challenge of balancing a storied past with the need for innovation. Their success could mark a new chapter for the Lakers, potentially reigniting the passion that once made them a powerhouse in the NBA.

Read Full Story at Religion News Service →
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