From the Associated Press:
McMahon has agreed to a deal with a private buyer for his hilltop home, said Howard Bragman, the former "Tonight" show sidekick's spokesman.
Bragman declined to name the buyer or the selling price. But he said it isn't real estate mogul Donald Trump, who recently offered to buy McMahon's home and act as a landlord.
"For Mr. Trump, this acquisition was not business-related, but, as he has stated, was meant to help out an American icon," said Michael Cohen, special counsel to Trump. "If another buyer should emerge who will create the benefit Mr. Trump sought for Ed McMahon, then he is clearly pleased."