Professional Women’s Hockey League not for sale as co-founder Walter is investigated
The Professional Women’s Hockey League (PWHL) has no plans to sell or change its ownership structure. The league is stable despite co-founder Mark Walter appearing to sell pieces of his sports empire, according to Stan Kasten, a member of the league’s advisory board. Walter owns stakes in several professional sports teams as part of the multinational conglomerate TWG Global Holdings, including the Los Angeles Dodgers, Los Angeles Lakers, and the Los Angeles Sparks.
Federal investigations into loans between Walter’s insurance companies and businesses with ties to him are ongoing.
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