Dodgers President Denies Sale Rumors Amidst Owner’s Other Transactions and Investigations
Los Angeles Dodgers president Stan Kasten publicly denied any sale rumors surrounding the baseball team, stating they are "not for sale." This statement comes after owner Mark Walter agreed to sell the Los Angeles Lakers for a record $12.5 billion…
Fort Myers Naples, FL, August 21, 2026 —
Los Angeles Dodgers President and CEO Stan Kasten has firmly stated that the baseball team is not for sale, addressing recent speculation surrounding a potential sale of the franchise.
Kasten’s remarks follow a period of significant activity for the team’s owner, Mark Walter. Walter recently agreed to sell the Los Angeles Lakers for a reported $12.5 billion, a transaction that set a record for a National Basketball Association team sale. This deal has intensified scrutiny and discussions around Walter’s other significant sports holdings, including the Dodgers.
Furthermore, Walter’s business empire is reportedly the subject of ongoing federal investigations. Kasten, however, was quick to assert that these investigations do not extend to or involve the Los Angeles Dodgers organization. The specifics of these federal investigations were not detailed.
Despite the sale of the Lakers and the ongoing investigations, Kasten’s direct denial aims to quell any uncertainty regarding the ownership status of the Dodgers. The team, a prominent Major League Baseball franchise, remains under the ownership of Mark Walter and his group, according to Kasten’s public statement.
Story summarized from the original created by AP on apnews.com, see more information here.
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