Dodgers Deny Sale Talk as Mark Walter Faces Scrutiny Over $12.5 Billion Lakers Exit
Updated
Updated · MLB Trade Rumors · Aug 22
Dodgers Deny Sale Talk as Mark Walter Faces Scrutiny Over $12.5 Billion Lakers Exit
3 articles · Updated · MLB Trade Rumors · Aug 22
Summary
Stan Kasten told Los Angeles reporters the Dodgers are “not being sold,” saying no sale process has started and ownership remains focused on winning.
Speculation intensified after Mark Walter sold his majority Lakers stake at a $12.5 billion valuation and reports said he and Todd Boehly were open to selling their roughly 13% Chelsea stakes.
Walter’s insurance businesses are under FBI, SEC and DOJ scrutiny over whether investments and loans were properly reported to regulators; no charges have been filed, and TWG Global says it is cooperating.
Kasten said any pressure on Walter’s other businesses would not affect the club’s spending, noting the Dodgers stand on their own despite an MLB-high estimated $428.23 million CBT payroll this year.
That reassurance also undercuts chatter around Shohei Ohtani’s key-man opt-out clause, with The Athletic reporting he would be highly unlikely to leave even if Walter eventually sold.