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Dodgers President Denies Franchise Sale Rumors

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Los Angeles Dodgers president [PERSON_NAME] attempted to calm online speculation about the franchise’s future on Friday. "The Dodgers are not being sold. They're not for sale. There's no process that has been started to sell it, period," he told reporters before the team's game against [ADDRESS]. "We are planning only to win."

The conjecture began earlier this month when [PERSON_NAME] agreed to a stunning sale of the Los Angeles Lakers to businessmen [PERSON_NAME] and [PERSON_NAME] for a record-breaking price of $12.5 billion. He bought a controlling stake last year. While acknowledging the Lakers were important, he called the deal an extraordinary opportunity.

Multiple media outlets reported that [PERSON_NAME]'s business empire is under scrutiny from federal prosecutors and the Securities and Exchange Commission in tax fraud investigations. He is cooperating with the probe but confirmed nothing involving the Dodgers is included. Based in [ADDRESS], the 66-year-old oversees Guggenheim Partners and has delivered three World Series titles in six seasons alongside lavish contracts for four-time MVP [PERSON_NAME]. Executives praised his work and confirmed he isn't selling other sports assets.