Dodgers executives discuss implications of Lakers sale by Mark Walter

3 sources • 1 min read • Latest: Aug 13, 2026, 9:23 AM

Last updated Aug 13, 2026

Dodgers executives discuss implications of Lakers sale by Mark Walter
Summary

Los Angeles Dodgers manager Dave Roberts and president Stan Kasten addressed the recent sale of the Lakers by Dodgers owner Mark Walter. Walter sold the basketball franchise for $12.5 billion to Bob Iger and Josh Kushner. The sale has raised questions regarding Walter's future ownership of the Dodgers, but Kasten emphasized that the teams operate independently and no changes are anticipated for the Dodgers. Roberts expressed surprise at the sudden nature of the sale, which followed a brief decision period for Walter. The SEC is currently investigating Walter regarding insurance companies he owns, adding a layer of uncertainty around his ownership of the Dodgers.

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Key Details
  • •Mark Walter sells Lakers for $12.5 billion to Bob Iger and Josh Kushner.
  • •Dodgers executives confirm no anticipated changes following the sale.
  • •Manager Dave Roberts expresses surprise at the abrupt decision.
  • •The SEC is investigating Walter regarding his insurance companies.
  • •Kasten states the Dodgers and Lakers are operated independently.
Latest Updates
  • 9:23 AMYahoo Sports — “Makes You Wonder If Dodgers Are Next” – Fans Worried For Future Of LA After Owner Mark Walter’s $12.5 Billion Lakers Sale
  • 12:54 AMYahoo Sports — Dodgers president promises ‘no changes here’ after Mark Walter’s shock sale of Lakers
  • 12:11 AMYahoo Sports — Dodgers Leadership Addresses What Lakers Sale Means for Mark Walter
What they're saying
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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.

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Hours after Wednesday’s bombshell news that Dodgers owner Mark Walter was selling his majority stake in the Lakers at a record $12.5 billion valuation, Dodgers team president Stan Kasten was...

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Dodgers manager Dave Roberts and executive Stan Kasten addressed the sale of the Lakers by current Dodgers owner Mark Walter.

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