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Mark Walter Sells Lakers for $12.5 Billion, Keeps Dodgers, Report Says

Mark Walter, the owner of the Los Angeles Dodgers, is selling the Los Angeles Lakers for a reported $12.5 billion, but he does not plan to sell the Dodgers, according to a Yahoo Sports report. The Lakers sale, reported Wednesday, is to Bob Iger and Josh Kushner. Walter’s decision to hold onto the Dodgers is significant for Shohei Ohtani, whose contract with the Dodgers includes a clause that would allow him to become a free agent if the team is sold. Since Walter reportedly intends to keep the Dodgers, that clause would not be triggered. CBS Sports also confirmed the Lakers sale price and buyers, and noted that any potential future sale of the Dodgers would be complicated by Ohtani's contract.

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