Mark Walter sells Lakers, keeps Dodgers amid Ohtani's contract concerns
3 sources • 1 min read • Latest: Aug 12, 2026, 9:52 PM
Last updated Aug 12, 2026

Mark Walter has agreed to sell the Los Angeles Lakers to Josh Kushner and Bob Iger for $12.5 billion. As the controlling owner of the Dodgers, Walter is unlikely to sell the team soon, as they aim for a third consecutive title. Shohei Ohtani's future with the Dodgers is tied to Walter's position, with a key clause in Ohtani's $700 million contract allowing him to opt out if Walter or president Andrew Friedman leaves. Currently, Ohtani is sidelined due to injuries but has had a strong season. Walter is under federal investigation over alleged loan disclosures, complicating financial matters for his organizations.
- •Walter sells Lakers for $12.5 billion
- •Dodgers pursue third straight title
- •Ohtani tied to Walter's ownership status
- •Ohtani sidelined due to injuries
- •Walter under federal investigation over loans
- 9:52 PMYahoo Sports — Mark Walter reportedly doesn't plan to sell Dodgers, which would allow Shohei Ohtani to hit free agency
- 8:57 PMCBS MLB — Could Mark Walter sell the Dodgers next? Why Shohei Ohtani makes a potential deal more complicated than Lakers
"Walter is selling the Lakers to Bob Iger and Josh Kushner for a reported $12.5 billion
"Mark Walter was reported to be selling the Lakers for $12.5 billion on Wednesday.
Sources
External links- Yahoo SportsAug 12, 2026, 9:52 PMMark Walter reportedly doesn't plan to sell Dodgers, which would allow Shohei Ohtani to hit free agency
Mark Walter was reported to be selling the Lakers for $12.5 billion on Wednesday.
- CBS MLBAug 12, 2026, 8:57 PMCould Mark Walter sell the Dodgers next? Why Shohei Ohtani makes a potential deal more complicated than Lakers
Walter is selling the Lakers to Bob Iger and Josh Kushner for a reported $12.5 billion
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