Also in the Forbes CEO newsletter: Supply chain risk assessment shows unexpected problems, investors steady after Iran strikes, Cybercab doesn’t get rolling as planned.
The Lakers sale, at a $10 billion valuation, is the latest private equity move into premium sports assets. A changing sports TV and league ecosystem will need the money.
\Mark Walter has an agreement to purchase the Los Angeles Lakers for at least $10 billion. If completed, it will be a record price for a sports franchise.
Cadillac and TWG will be the newest team in Formula One as F1 and the FIA "officially" announced it would be the 11th team in the Formula One World Championship in 2026.
Colossal, which is trying to revive the dodo and woolly mammoth, has $10.2 billion valuation after Dodger owner and Legendary founder back company's de-extinction work
Tapping into Western sports and entertainment, Teton Ridge has acquired The Cowboy Channel, The Cowgirl Channel, and streaming platform The Cowboy Channel+.
The Yankees are in the Fall Classic for the first time since Hal Steinbrenner inherited the team from his famous father. Awaiting them: a Dodgers club backed by all-star investors, including Magic Johnson and a mogul worth $6 billion.
Will the Mark Walter Groups attempt at a women's pro hockey league cross the goal line, or hit the post?
I spoke to board member Stan Kasten about what needs to be done.
The sale of Chelsea FC by sanctioned Russian billionaire Roman Abramovich to a group led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss will carry the second-richest price ever paid for a sports team.
MLB’s LA Dodgers principal owner and billionaire Mark Walter has joined American billionaire Todd Boehly’s bid to purchase the English soccer team Chelsea F.C. from Russian oligarch Roman Abramovich, the Athletic reported Friday.
The Los Angeles Lakers were valued at $5.5 billion in the sale of Philip Anschutz’s 27% stake to Los Angeles Dodgers owners Mark Walter and Todd Boehly.
The Los Angeles Dodger organization, led by Guggenheim Baseball Management Group Chairman Mark Walter and NBA legend Magic John, announced that Billie Jean King and Ilana Kloss joined its ownership group.