Mark Walter sells Lakers, keeps Dodgers amid Ohtani's contract concerns

3 sources1 min read • Latest: Aug 12, 2026, 9:52 PM

Last updated Aug 12, 2026

Mark Walter sells Lakers, keeps Dodgers amid Ohtani's contract concerns
Summary

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.

Source Links
What We Know
  • 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
Latest Updates
  • 9:52 PMYahoo SportsMark Walter reportedly doesn't plan to sell Dodgers, which would allow Shohei Ohtani to hit free agency
  • 8:57 PMCBS MLBCould Mark Walter sell the Dodgers next? Why Shohei Ohtani makes a potential deal more complicated than Lakers
What they're saying
"

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.

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days