Dodgers president shuts down sale talk after Mark Walter's Lakers deal

SPORTS Saturday, August 22, 2026 3:33AM LOS ANGELES -- Los Angeles Dodgers president Stan Kasten addressed speculation about the franchise's future under billionaire owner Mark Walter. "The Dodgers are not being sold. They're not for sale. There's no process that has been started to sell it, period," he stated. "We are planning only to win." The conjecture began earlier this month after Walter agreed to a $12.5 billion sale of the Los Angeles Lakers to Josh Kushner and Bob Iger. Walter previously bought a controlling stake in the Dodgers from the Buss family. "I can't tell you how important the Dodgers are to Mark," Kasten said. "The Lakers deal was an extraordinary opportunity he took." Walter is under scrutiny by federal prosecutors and the SEC over tax fraud investigations, though he is cooperating. "I know nothing involving the Dodgers is part of the investigation," Kasten clarified. Walter oversees a successful Dodgers run, including three World Series championships in six seasons, and emphasizes player contracts like Shohei Ohtani’s. He also stated he is not exploring sales of other sports properties, such as the Los Angeles Sparks (WNBA) and TWG Motorsports. Walter typically avoids public attention, preferring Kasten or executives to speak on his behalf.