Mark Walter may not be finished selling parts of his sports empire. The Dodgers owner sold the Lakers at a record-setting $12.5 billion valuation to Josh Kushner and Bob Iger earlier this year. Now, Walter may continue parting ways with…
Dodgers owner Mark Walter is reportedly seeking to sell the Los Angeles Sparks along with a practice facility for over $700 million, according to Bloomberg. The private talks follow Walter's earlier sale of the Lakers at a $12.5 billion valuation to Josh Kushner and Bob Iger. If completed, the transaction would mark the largest franchise sale in WNBA history.
The included practice facility cost $150 million to construct and is slated to open ahead of the 2027 season. Walter, who recently divested his stake in Chelsea FC, is reshaping his holdings as his insurance firms face scrutiny from federal prosecutors, though team president Stan Kasten confirmed the Dodgers are not for sale.
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