Pablo Torre investigates financial transactions involving Dodgers owners
Yahoo Sports • 1 min read • Latest: Sep 5, 2026, 3:26 AM
Last updated Sep 5, 2026

Journalist Pablo Torre has alleged that Los Angeles Dodgers co-owner Mark Walter engaged in an undisclosed transaction involving a $350 million loan from EquiTrust. EquiTrust is a life insurance company sold by Walter to fellow Dodgers co-owner Magic Johnson. Torre claims this loan to a media company controlled by Walter was not properly reported as an affiliate transaction. Former Miami Marlins president Davis Samson suggested these financial moves are linked to the 2012 purchase of the Dodgers. Samson further alleged that MLB allowed the franchise to secure lucrative TV deals to justify the purchase price. The current allegations follow previous investigations by Torre into the Los Angeles Clippers and other high-profile sports entities. Mark Walter has previously denied accusations of fraud regarding his management of the team.
- •Pablo Torre alleges an undisclosed $350 million loan between Mark Walter and Magic Johnson.
- •The transaction involved EquiTrust, a company previously sold by Walter to Johnson.
- •Davis Samson claims the 2012 Dodgers purchase involved complex financial arrangements with MLB.
- •Magic Johnson helped facilitate an $8.35 billion local TV deal for the Dodgers.
- •Mark Walter has denied allegations of fraud related to his ownership of the club.
- 3:26 AMYahoo Sports — Pablo Torre accuses Magic Johnson and Mark Walter of a shady $350 million deal involving LA Dodgers
"Los Angeles Lakers legend Magic Johnson finds himself in the middle of Pablo Torre’s next investigation. After Kawhi Leonard and the Los Angeles Clippers, investigative journalist Pablo Torre’s next target is the Los Angeles Dodgers.
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