Los Angeles Dodgers president Stan Kasten met with reporters Friday evening to reiterate that the team is not for sale. "I wanted to make sure everyone understood one thing very clearly: The Dodgers are not being sold," Kasten told local media, per MLB Trade Rumors.
This marks the second time in two weeks that Kasten has publicly addressed the question, per Yahoo Sports. The comments come as majority owner Mark Walter's companies face financial difficulties and a federal inquiry into his insurance business, according to Yahoo Sports. ESPN reported that Kasten's statement followed online speculation about the team's future under Walter's ownership.
Yahoo Sports noted that Walter's recent involvement in a Lakers deal had also drawn attention to questions about the Dodgers' ownership structure. The reporting indicates Kasten sought to dispel concerns that Walter's other business challenges could lead to a sale of the franchise.