White House denies involvement in Lakers sale to Josh Kushner
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 7:56 PM
Last updated Aug 12, 2026

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.
- •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.
- 7:56 PMYahoo Sports — White House Denies Involvement in Lakers Sale to Josh Kushner
"“This has nothing to do with President Trump or his administration.”
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