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 another professional sports team in the Sparks, according to Bloomberg.

Los Angeles Dodgers chairman Mark Walter speaks during a press conference announcing a partnership between the Los Angeles Dodgers and UNIQLO at Dodger Stadium in Los Angeles on Wednesday, March 25, 2026. MediaNews Group via Getty Images

Los Angeles Sparks forward Cameron Brink is pressured by Indiana Fever guard Lexie Hull during the second half of a WNBA basketball game Wednesday, May 13, 2026, in Los Angeles. AP

The talks for the WNBA team have been private, so it’s unclear who the potential buyers are. The Sparks are valued at $400 million, according to Sportico.

Walter is reportedly looking to sell the franchise as well as a related practice facility for more than $700 million. The practice facility was constructed for $150 million and is scheduled to open ahead of the 2027 WNBA season.

If Walter is successful in his endeavors to sell the Sparks, it would be the largest WNBA franchise sale in history. Tilman Fertitta, owner of the Rockets, currently holds the record for the $300 million purchase of the Sun.

Mark Walter attends the Los Angeles Dodgers Foundation annual Blue Diamond Gala at Dodger Stadium on June 16, 2022, in Los Angeles, California. Getty Images

Mark Walter (left), a majority owner of the Los Angeles Lakers, and Jeanie Buss, minority owner of the Los Angeles Lakers, talk as the Lakers play the Chicago Bulls at Crypto.com Arena in Los Angeles on Thursday, March 12, 2026. Los Angeles Times via Getty Images

Aside from selling the Lakers, the Guggenheim co-founder sold his stake in Chelsea FC to Clearlake Capital. Walter’s remaining holdings include the Dodgers, the Cadillac F1 team and the Professional Women’s Hockey League.

Team president Stan Kasten said the Dodgers were not for sale this summer.

Walter’s insurance firms have caught the attention of federal prosecutors, prompting the business mogul to reshape his holdings.