Mark Walter's Empire Under Siege: A Federal Probe and Its Far Reaching Consequences Mark Walter has built a reputation as a shrewd businessman with a keen eye for opportunity through his ownership roles in the Dodgers and Lakers, two of Los Angeles' most beloved sports teams.
However, his empire is now facing its greatest challenge yet – a federal probe into his business dealings that threatens to upend everything he's worked for.
Understanding Mark Walter's Business Empire Walter's partnership, Guggenheim Baseball Management, purchased the Dodgers in 2012 for a record $2 billion, while his ownership group acquired the Lakers in 2017 for approximately $4.