The White House denied any involvement in the sale of the Los Angeles Lakers to Josh Kushner and former Disney CEO Bob Iger, valuing the franchise at $12.5 billion. Owner Mark Walter, who has faced federal investigations into financial improprieties, announced the sale after owning the team for less than 14 months. Speculation arose regarding potential connections to President Trump due to Kushner’s family ties, but both the White House and Kushner’s firm refuted these claims. Additionally, Kushner’s Thrive Capital faced scrutiny related to a failed World Cup investment plan.
Want More Context? 🔎
White House Says It Was Not Involved in Lakers Sale
Sports News. No Fluff.
Quick summaries of major games, trades, and headlines — so you can stay in the loop without spending hours reading.