Dodgers sale under scrutiny over a $350 million link between Johnson and Walter
Pulitzer-winning journalist Pablo Torre alleges undisclosed affiliate deals tying Magic Johnson’s EquiTrust Life Insurance to Mark Walter’s media ventures and the Dodgers’ sale, including a $350 million loan and a TV-deal arrangement that allegedly aided pushing the price higher. Johnson and Walter deny wrongdoing, while federal investigators scrutinize the broader implications for public funds, and MLB’s sale approval feeds ongoing debate over skyrocketing sports valuations.