Josh Kushner, a co-owner of the Memphis Grizzlies and founder of Thrive Capital, reportedly gave assurances to Los Angeles Lakers controlling owner Mark Walter during a private meeting before agreeing to a $12.5 billion sale of the franchise, according to a report from Yahoo Sports.
The details of the assurances were not disclosed, but the meeting is said to have paved the way for the historic transaction, which would value the Lakers at a record price for an NBA team.
Neither Kushner nor Walter has publicly commented on the reported meeting. The Lakers organization has not confirmed any sale agreement.
