Los Angeles Dodgers owner Mark Walter has confirmed he will keep the team 'no matter what' despite an ongoing federal investigation into his business empire. In his first public comments since the probe began, Walter told the California Post he is committed to winning for '10 years or more' and hopes fans can look forward to another World Series under his ownership. The investigation, led by the U.S. Attorney's Office in Manhattan and the SEC, concerns allegedly misrepresented loans between companies in his portfolio.
Walter stated the sale of his stake in the Los Angeles Lakers for $12.5 billion had 'nothing to do with the Dodgers' and was a separate decision. He also sold his stake in Chelsea Football Club and is reportedly looking to part with the WNBA's Los Angeles Sparks. Dodgers CEO Stan Kasten and president of baseball operations Andrew Friedman echoed Walter's stance, describing their conversations as 'business as usual' following the team's sweep by the Milwaukee Brewers in the NLCS.
Friedman noted Walter's focus was already on planning for the 2027 season.
Source: ESPN MLB · Summarized by HeadlinesBriefing