Dodgers President Denies Team Sale Amid Ownership Changes
Los Angeles Dodgers president Stan Kasten emphatically stated Friday that the two-time defending World Series champions are not for sale, moving to quell speculation surrounding the team's majority owner Mark Walter. Speaking to reporters at Dodger Stadium before the team's game against the Pittsburgh Pirates, Kasten delivered a direct message in response to swirling rumors.
"The Dodgers are not being sold," Kasten said on Friday, August 21, 2026. "They're not going to be sold. They're not for sale. There's no process that has been started to sell it, period. We are planning only to win." The assertion comes amid significant changes to Walter's broader sports portfolio and federal scrutiny of his financial empire.
The immediate catalyst for the speculation was Walter's agreement, announced on August 12, to sell his controlling interest in the Los Angeles Lakers to a group led by Josh Kushner and Bob Iger for a reported $12.5 billion. Walter had purchased the NBA franchise only 14 months earlier. Kasten characterized that transaction as a unique event unrelated to the Dodgers. "The Lakers thing was what we lawyers call sui generis," he stated. "It was just one of those...