White House denies involvement in Lakers sale to Josh Kushner

Yahoo Sports1 min read • Latest: Aug 12, 2026, 7:56 PM

Last updated Aug 12, 2026

White House denies involvement in Lakers sale to Josh Kushner
Summary

The White House has denied any involvement in the reported $12.5 billion sale of the Los Angeles Lakers to Joshua Kushner and Bob Iger. Mark Walter, the current owner of the Lakers, announced the transaction, which comes as federal investigations into his financial dealings are underway. Speculation arose about potential connections between the Trump administration and the sale due to Kushner's familial links to former President Trump. However, officials have stated the administration had no role in the transaction. Kushner's venture capital firm also refuted claims of external influence regarding the sale.

Source Links
Key Details
  • Lakers owner Mark Walter sells team for $12.5 billion.
  • Federal probes into Walter's finances coincide with the sale announcement.
  • Speculation involves Trump administration's influence on the sale.
  • Kushner identifies as a lifelong Democrat, refuting involvement claims.
  • Walter's company did not comment on the sale.
Latest Updates
  • 7:56 PMYahoo SportsWhite House Denies Involvement in Lakers Sale to Josh Kushner
What they're saying
"

“This has nothing to do with President Trump or his administration.”

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days