{"id":844749,"date":"2026-11-03T13:00:27","date_gmt":"2026-11-03T13:00:27","guid":{"rendered":"https:\/\/www.rawchili.com\/mlb\/844749\/"},"modified":"2026-11-03T13:00:27","modified_gmt":"2026-11-03T13:00:27","slug":"mark-walter-says-he-wont-sell-dodgers-but-his-plan-keeps-changing","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/mlb\/844749\/","title":{"rendered":"Mark Walter says he won\u2019t sell Dodgers, but his plan keeps changing"},"content":{"rendered":"\n

Mark Walter<\/a> isn\u2019t selling the Dodgers<\/a>, right?<\/p>\n

He is selling the Lakers<\/a>. He is selling his share of Chelsea, the Premier League team. He is looking into selling the Sparks<\/a>.<\/p>\n

And now he is looking into selling his share of the Cadillac Formula One <\/a> racing team<\/a>, as Sportico first reported Monday.<\/p>\n

But keeping the Dodgers, right? \u201cNo matter what,\u201d<\/a> Walter told the California Post last week.<\/p>\n

Wait a second, though. In August, Walter\u2019s TWG Global holding company issued a statement<\/a> that was definitive in two specific aspects: the Dodgers were \u201cnot being sold\u201d and his company was \u201cnot considering exiting its stake in the Cadillac Formula 1 team.\u201d<\/p>\n

So I reached out to Walter\u2019s company and to his personal spokesman, asking how to reconcile the definitive statement denying interest in a Formula One sale with the news of a possible sale and, in light of that development, whether the denials of interest in a Dodgers sale should remain credible.<\/p>\n

No one at the company emailed me back, and the spokesman declined to comment. Someone in contact with Walter, speaking on condition of anonymity because he is not authorized to comment, advised me to wait and see if a Formula One deal actually materializes and, if so, for what value.<\/p>\n

Amid federal investigations into whether the insurance companies Walter controls might have violated laws designed to protect investors, and as he is a defendant in multiple civil lawsuits filed by investors that allege fraud and breach of contract, Walter is selling off assets from his sports empire.<\/p>\n

He could generate a significant share of the more than $20 billion he might need to recapitalize the insurance companies and satisfy state regulators. It is uncertain how that might influence the federal investigations and civil lawsuits.<\/p>\n

The Lakers sold for $12.5 billion \u2014 the valuation for the entire team, not for Walter\u2019s controlling share.<\/p>\n

Walter is seeking $3 billion for his interest in the Formula One team, according to Sportico, and $700 million for the Sparks, according to Bloomberg. The sale of the Chelsea stake, owned jointly by Walter and Dodgers co-owner Todd Boehly, generated about $1.27 billion, according to the Financial Times.<\/p>\n

The sale of the Dodgers could generate $10 billion to $13 billion, The Times has reported.<\/p>\n

None of this is to say Walter is not genuine in his proclamation that he is not selling the Dodgers. He said the Dodgers would win, and they have: three championships within six years, after three in the previous 56. The shine has been restored to an L.A. crown jewel.<\/p>\n

But things can change. Potential Dodgers bidders, including Times owner Dr. Patrick Soon-Shiong, are considering offers should Walter decide to sell<\/a>. Some have inquired discreetly and been told what everyone has been told: the team is not for sale. Commissioner Rob Manfred said the league is keeping an eye on developments<\/a> surrounding Walter\u2019s insurance empire.<\/p>\n

\u201cAs always when we have an investigation \u2014 external, law enforcement, whatever \u2014 we monitor that,\u201d Manfred said at the World Series. \u201cThat\u2019s where we are right now. We\u2019re just watching what\u2019s going on right now.\u201d<\/p>\n

And that is indeed where we are right now: We don\u2019t know what\u2019s going to happen with the feds, and in the courts. For today, and for the immediate future, the Dodgers are not for sale. But plans can change, as Walter\u2019s Formula One team just learned.<\/p>\n","protected":false},"excerpt":{"rendered":"Mark Walter isn\u2019t selling the Dodgers, right? He is selling the Lakers. He is selling his share of…\n","protected":false},"author":2,"featured_media":844750,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2290],"tags":[5,102098,1815,15415,9766,39,102099,21518,36601,24934,102100,11061,4709,9507,348,235],"class_list":["post-844749","post","type-post","status-publish","format-standard","has-post-thumbnail","category-baseball","tag-baseball","tag-cadillac-formula","tag-chelsea","tag-company","tag-development","tag-dodgers","tag-federal-investigation","tag-interest","tag-investor","tag-mark-walter","tag-multiple-civil-lawsuit","tag-plan","tag-sale","tag-share","tag-statement","tag-team"],"share_on_mastodon":{"url":"https:\/\/channels.im\/@mlb\/117552639034944977","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/posts\/844749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/comments?post=844749"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/posts\/844749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/media\/844750"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/media?parent=844749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/categories?post=844749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/tags?post=844749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}