Los Angeles Dodgers president Stan Kasten stated definitively on Friday that the team is not for sale, aiming to quell ongoing speculation about its ownership. Kasten emphasized that there is no sales process underway and that the franchise is focused solely on winning.
Kasten's remarks come amidst a period of heightened scrutiny surrounding Dodgers owner Mark Walter's business empire. Recent reports have linked Walter's companies to a federal investigation and detailed his sale of the Los Angeles Lakers for $12.5 billion. Additionally, reports have emerged suggesting Walter and co-owner Todd Boehly are considering selling their shares in Chelsea Football Club, and that Walter had engaged in talks to allow Charter Communications out of its television contract with the Dodgers.
Dodgers president Stan Kasten listens during a ceremony celebrating the Los Angeles Dodgers’ MLB World Series championships in the Russell Senate Office Building in Washington, DC, on Thursday, July 23, 2026. The Dodgers were joined by numerous members of Congress as they celebrated back-to-back World Series championships.
Kasten acknowledged that some reporting on Walter's situation has been “mischaracterized” but declined to address specific reports. He reiterated that Walter remains committed to the Dodgers and that the sale of the Lakers was a unique opportunity unrelated to the baseball team's ownership status. Guggenheim Baseball Management, Walter's group, has owned the Dodgers since 2012.
Kasten stressed that Walter's entire sports portfolio, which includes the WNBA's Sparks and other professional women's hockey and motorsports interests, is intended to remain intact. He stated that the sports holdings are important to Walter and that the Dodgers are a significant part of that portfolio. Kasten's assertions were based on direct conversations with Walter.