White House Denies Involvement In Lakers Sale To Josh Kushner

The White House has denied any involvement in the sale of the Los Angeles Lakers to Josh Kushner, brother-in-law of President Donald Trump's son-in-law Jared Kushner, in a deal that puts values the franchise at $12.5 billion. Lakers owner Mark Walter announced Wednesday that he will sell the team to Kushner and former Disney CEO Bob Iger. Walter had owned the franchise for less than 14 months, and the sale comes amid federal investigations into alleged financial improprieties tied to insurance...