If Dodgers are put up for sale, Patrick Soon-Shiong is interested
Los Angeles Times • • sports
Key Points:
- Mark Walter, owner of the Los Angeles Dodgers, is currently not selling the team despite financial pressures and federal investigations into his insurance companies, according to team president Stan Kasten and Walter’s representatives.
- Potential buyers, including Patrick Soon-Shiong, owner of the Los Angeles Times and previous Dodgers bidder, have expressed interest in purchasing the team if Walter decides to sell.
- The Dodgers' valuation could reach between $10 billion and $13 billion, potentially making it the most expensive major league team sale by a wide margin.
- Walter recently sold the Los Angeles Lakers for a record $12.5 billion amid a cash crunch linked to federal scrutiny of his business dealings, with proceeds expected to help address regulatory concerns.
- Patrick Soon-Shiong has a history of interest in major sports franchises, having previously bid on the Dodgers and considered buying other teams like AEG and the Angels, but currently retains a stake in the Lakers and has not engaged in talks with Walter.
