23 Hrs
Source:
New York Post
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Dodgers chief assures stability after Lakers sale
The article reports that Dodgers owner Mark Walter is selling his majority stake in the Los Angeles Lakers for a record $12.5 billion, a move that surprised many due to his recent $10 billion purchase of the team. Walter has no plans to sell the Dodgers, and team officials emphasized that the Dodgers and Lakers are separate entities, with no immediate changes expected within the baseball organization. The sale comes amid a federal investigation into Walter’s business empire involving loans from insurance companies, though Dodgers officials stated there is no link between the investigation and the team’s operations.
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