Mark Walter's company states Dodgers are not for sale amidst investigation

CBS MLB1 min read • Latest: Aug 26, 2026, 3:26 PM

Last updated Aug 26, 2026

Mark Walter's company states Dodgers are not for sale amidst investigation
Summary

Mark Walter's holding company, TWG Global, affirmed on August 26, 2026, that the Los Angeles Dodgers are not for sale despite his recent sale of the Lakers. Walter is under federal investigation for potential loan fraud, prompting speculation about the Dodgers' future. The company declared that no sale process for the Dodgers has been initiated, and the team's president, Stan Kasten, echoed this commitment publicly. Walter is also reportedly evaluating the sale of his stake in Chelsea F.C. but is keeping his investments in the F1 and WNBA intact. The Dodgers, current two-time defending World Series champions, are noted for having the highest payroll in baseball, with new questions arising around the upcoming collective bargaining agreement expiration. Ohtani's contract includes clauses tied to management changes.

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Market Watch
  • TWG Global insists the Dodgers are not for sale.
  • Walter faces a federal investigation for loan fraud.
  • Stan Kasten confirms the team's sale status to the public.
  • Ohtani's contract has clauses related to management.
  • Dodgers are the reigning World Series champions with the highest payroll.
Latest Updates
  • 3:26 PMCBS MLBDodgers not for sale despite Lakers deal, insists owner Mark Walter's company: 'The team is not being sold'
What they're saying
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Walter is currently under investigation by the federal government for potential loan fraud

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