(August 22, 2008)—Ed McMahon has agreed to a deal with a private buyer for his hilltop home.
McMahon's spokesman Howard Bragman isn't naming the buyer, but says it's not Donald Trump.
The mogul had recently offered to buy the home and act as landlord to the financially strapped former "Tonight" show sidekick.
The 85-year-old McMahon has faced money woes for months, with debtors filing lawsuits against him for everything from unpaid prescription medicines to loans.
His home was facing foreclosure after he defaulted on a $4.8 million loan.
McMahon has said he was experiencing financial troubles because he was unable to work after falling and breaking his neck in March 2007.
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