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Insurance Regulators

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TWG Global Defends Dodgers Financing as Lakers Sale Buzz Intensifies
business21 minutes ago

TWG Global Defends Dodgers Financing as Lakers Sale Buzz Intensifies

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.