Soon-Shiong Signals Dodgers Bid If Walter Sells Amid Probe

1 min read
Source: Los Angeles Times
Soon-Shiong Signals Dodgers Bid If Walter Sells Amid Probe
Photo: Los Angeles Times
TL;DR

Although Dodgers owner Mark Walter says the team isn’t for sale, federal scrutiny of his insurance empire and related cash pressures could spur bidders, with Patrick Soon-Shiong saying he would lead an investment group if Walter chooses to sell. Industry talk values the Dodgers at roughly $10–$13 billion, and Soon-Shiong—owner of the Los Angeles Times and a former Dodgers bidder—could be a leading contender, even as the Lakers recently changed hands to a Bob Iger–Kushner-backed group.

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