Top 50 Most Powerful in L.A. Sports: No. 5 Mark Walter, Dodgers Chairman

first_imgTop 50 Most Powerful in L.A. Sports• Introduction• Photo gallery of Top 50 Most Powerful in L.A. Sports• Dramatic change in Los Angeles sports power structure Name: Mark WalterTitle: Chairman and Controlling Owner, DodgersAge: 54Magic Johnson and Stan Kasten are the faces of Dodgers ownership, but if money is power, Walter holds most of the cards. The founder and CEO of the Guggenheim Partners, which purchased the Dodgers for $2.1 billion in 2012, is technically the controlling owner of the Dodgers thanks to his portion of the investment in the record purchase price. The Chicago financier’s preference to maintain a low profile has been slightly compromised by the acquisition of the Dodgers, which may not be his only venture into sports endeavors considering his company’s $125 billion in assets. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img

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