{"id":997212,"date":"2026-08-13T02:01:16","date_gmt":"2026-08-13T02:01:16","guid":{"rendered":"https:\/\/www.europesays.com\/us\/997212\/"},"modified":"2026-08-13T02:01:16","modified_gmt":"2026-08-13T02:01:16","slug":"sources-mark-walter-has-no-plans-to-sell-dodgers-after-selling-lakers","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/997212\/","title":{"rendered":"Sources: Mark Walter has no plans to sell Dodgers after selling Lakers"},"content":{"rendered":"\n

If Mark Walter<\/a> is selling one of the crown jewels of Los Angeles sports, is he about to sell the other?<\/p>\n

No, according to people familiar with the matter not authorized to discuss it publicly. Walter announced the sale of his controlling interest in the Lakers<\/a> on Wednesday, but he is not looking to sell the Dodgers<\/a>.<\/p>\n

The decision to sell the Lakers<\/a> is specific to the Lakers and is not a sign Walter is interested in dismantling a sports empire that includes the Dodgers, the Sparks, Chelsea of the English Premier League, the Professional Women\u2019s Hockey League and various tennis and motor sports entities.<\/p>\n

Walter has been at the center of a federal loan investigation<\/a>. His firm, TWG Global, is in talks with investors to raise money to help pay down loans on the books of its insurers that had drawn scrutiny from the Justice Department, Bloomberg reported,<\/a> citing anonymous sources.<\/p>\n

Dodgers president and part owner Stan Kasten said he had \u201cno reason to think that\u201d the sale was connected to the investigation<\/p>\n

\u201cThis is a Laker story, not really a Dodger story,\u201d Kasten said. \u201cIt really has nothing to do with the Dodgers. They\u2019re completely separate. And so there are no changes here or contemplated here, and I think that pretty much is the whole story.\u201d<\/p>\n

Dodgers manager Dave Roberts<\/a> echoed a sentiment shared across the NBA and MLB on Wednesday when asked about the pending sale.<\/p>\n

\u201cI was shocked, like I think everyone else was. That\u2019s above all of our pay grades. But I know that he was excited to take on the Lakers, and so I was as surprised as everyone.\u201d<\/p>\n

When asked whether he had heard any indication Walter might also sell his stake in the Dodgers, Roberts responded, \u201cI haven\u2019t heard anything. So for me, it\u2019s business as usual.\u201d<\/p>\n

In 2012, Walter and his partners bought the Dodgers for $2.15 billion, then a record for a Major League Baseball team.<\/p>\n

Under his ownership, the Dodgers have won three of the last six World Series championships and invested record revenues in player contracts so generous that league owners are now pursuing a salary cap, in part to help give teams other than the Dodgers a chance to win the World Series and in part to lift the value of all of its franchises.<\/p>\n

Sportico now values the Dodgers at $9 billion.<\/p>\n

Walter last year closed his purchase of the Lakers at a valuation of $10 billion and agreed to sell Tuesday at a valuation of $12.5 billion. The buyers: former Disney Chief Executive Bob Iger and Joshua Kushner, whose Thrive Eternal venture capital firm invests in sports and owns a share of the San Francisco Giants. <\/p>\n

Kushner is the younger brother of Jared Kushner, President Trump\u2019s son-in-law. <\/p>\n

That Walter never put the Lakers up for bid echoes how he bought the Dodgers: An auction had been scheduled among three finalists for the Dodgers, including Walter and his partners. Walter put a take-it-or-leave-it bid on the table so high \u2014 hundreds of millions above where the other bidders had been in the process \u2014 that former Dodgers owner Frank McCourt called off the auction and congratulated Walter.<\/p>\n","protected":false},"excerpt":{"rendered":"If Mark Walter is selling one of the crown jewels of Los Angeles sports, is he about to…\n","protected":false},"author":3,"featured_media":997213,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[10],"tags":[38545,95592,2442,254892,8604,2444,56,17267,18416,1807,34961,1275,17521,399553,62,67,132,68,35882],"class_list":["post-997212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-auction","tag-bid","tag-dodgers","tag-kushner","tag-lakers","tag-los-angeles-times","tag-mark-walter","tag-partner","tag-plan","tag-president-trump","tag-record","tag-san-francisco-giants","tag-source","tag-sport-empire","tag-sports","tag-united-states","tag-unitedstates","tag-us","tag-valuation"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/117085738382647442","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/997212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=997212"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/997212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/997213"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=997212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=997212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=997212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}