Biotech billionaire Soon-Shiong eyes Dodgers purchase if Walter sells
The Los Angeles Times reported that biotech billionaire Patrick Soon-Shiong said he would consider leading a group to buy the Los Angeles Dodgers if current owner Mark Walter decided to sell, amid ongoing federal investigations into Walter’s other holdings. Earlier, the New York Times said Walter had agreed to sell his controlling stake in the Los Angeles Lakers to venture investor Josh Kushner and former Disney chief Bob Iger for roughly $12.
5 billion, a transaction that required NBA approval. Forbes added that federal investigators were examining Walter’s financial dealings, and later the New York Times noted a vote by members of the Buss family to sell the remaining Lakers share to the Kushner-Iger group, prompting a legal challenge from Jeanie Buss.