“Makes You Wonder If Dodgers Are Next” – Fans Worried For Future Of LA After Owner Mark Walter’s $12.5 Billion Lakers Sale
Dodgers fans voiced concerns about American investor Mark Walter selling the Los Angeles Lakers’ majority stake to businessmen Bob Iger and Joshua Kushner, just months after finalizing his 80% controlling stake in the team from the Buss family. Walter is the chief executive officer of Guggenheim Partners and also owns about a 27% stake in the Dodgers.
Dodgers fans are expressing worry about the future of the team after owner Mark Walter sold the majority stake in the Los Angeles Lakers to businessmen Bob Iger and Joshua Kushner. Walter, CEO of Guggenheim Partners and owner of about 27% of the Dodgers, made a significant profit from the Lakers sale, reportedly turning a profit of $2 billion since his acquisition last year.
Fans have taken to social media to voice their concerns, with one commenting, "Makes you wonder if Dodgers are next." The Dodgers are currently valued at $8 billion, with Walter's 27% stake estimated at $2.16 billion. However, Walter has stated that he has no intention of selling his controlling stake in the Dodgers. The team recently completed a sweep over the Royals and will host the Brewers in a four-game series starting Thursday.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
