TWG Global Defends Dodgers Financing as Lakers Sale Buzz Intensifies
TL;DR Summary
TWG Global defended its financing of the Dodgers, denying any financial impropriety and saying regulators cleared the 2012 purchase and harmed no policyholders. The Dodgers’ payroll remains funded by strong revenues, and the company reiterated the team is not for sale. Amid Mark Walter’s Lakers sale at a record $12.5 billion, analysts say a Dodgers sale would likely fetch roughly $10–$13 billion if pursued, but TWG says no sale process has begun and it is cooperating with regulators.
- Mark Walter’s company TWG Global defends Dodgers financing and Lakers sale Los Angeles Times
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- Los Angeles Dodgers Owner’s Troubles Roil Insurance World The New York Times
- Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’ Financial Times
- Walter’s TWG Hits Back at Fraud Claims, Says It Has No Victims Bloomberg.com
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