Nick Wright: ‘Can’t ignore’ Mark Walter’s White House visit, fraud investigation in story of Lakers sale

AI Summary

Mark Walter re-sold the Los Angeles Lakers for a reported $12.5 billion, shortly after purchasing the team for $10 billion. This sale occurs amid scrutiny due to Walter's involvement in a federal fraud investigation and recent White House visit.

The Los Angeles Lakers were sold this week for the second time in 14 months, as billionaire sports enthusiast Mark Walter re-sold the team for a reported $12.5 billion after buying it for $10 billion in June of last year. Walter, who was the subject of a federal investigation reported last month, is selling the…