mark walter

Some questions (and answers) about Mark Walter selling the Lakers

In 2012, on the day after Mark Walter and his partners bought the Dodgers, I sat next to Walter in a conference room. To the sports fan, Walter was virtually anonymous: a super rich guy who had made his money running investment and insurance companies.

Walter’s purchase valued the Dodgers and its related assets at a then-record $2.15 billion. That value stunned the sports world. Mark Cuban had bowed out of the bidding, believing the Dodgers were not worth even $1 billion.

I asked Walter why he believed it made business sense to pay three times as much as any major league team had sold for.

“I think you have a few moments in life where you have the opportunity to own an asset and really be a custodian of something that should be multigenerational and iconic,” he said then. “I understand it’s a lot of money. But it’s not as if you can go buy another one tomorrow. … We hope we never, ever are going to sell it.”

That was essentially the point that someone who travels within the inner circles of pro sports made to me Wednesday morning, as news broke that Walter had sold the Lakers to Bob Iger, the former Disney chief, and Joshua Kushner.

The Steinbrenner family has owned the New York Yankees for 53 years. Jerry Jones has owned the Dallas Cowboys for 37 years. The Buss family owned the Lakers for 46 years.

These trophy assets are few and far between. Walter had agreed to sell the Lakers after less than one year of ownership — and not through a comprehensive bidding process, but to an inquiring caller during the weekend?

“This has more red flags than a May Day parade,” an industry insider said, speaking on condition of anonymity so as not to jeopardize his professional relationships.

The deal, which valued the Lakers at $12.5 billion, was motivated by the spiraling price for an NBA expansion team in Las Vegas, according to ESPN’s Ramona Shelburne. After all, if Iger and Kushner might have to pay $10 billion for a startup team, why not call and see if Walter might accept a bit more for one of the marquee franchises in American sports?

Was this a blind call or was Walter looking to sell?

“It was suggested to us that maybe Mark Walter would be interested in selling his stake in the Lakers,” Iger told the California Post.

What did Dodgers president Stan Kasten have to say about that?

“I never knew that. He never said that to me,” Kasten said. “I think he was surprised by it. That’s what he has expressed to me. Mark had no plan to do this. This just came up, and he thought about it and said yes.”

Why might Walter have been interested in selling?

Mark Walter, chairman and controlling owner of the Dodgers, acknowledges a fan before a game in Chicago on Aug. 4.

Mark Walter acknowledges a fan before a game against the Cubs in Chicago this month.

(Melissa Tamez / Associated Press)

Only he can say for sure, but his companies are under federal investigation for failing to disclose and properly account for billions of dollars of loans among related entities. Bloomberg reported Wednesday that Walter’s holding company is trying to raise money that could help pay off or at least pay down those loans, and the Financial Times reported that company assets could be sold or restructured.

No charges have been filed, and investigations can conclude without charges. No allegations of wrongdoing have been made against Walter.

Is there a baseball angle to this?

Among the investment firms Walter’s holding company approached about “deals to raise cash,” according to Bloomberg: the asset management firm owned by New York Mets owner Steve Cohen.

Cohen’s firm passed, according to the Financial Times.

When Walter and his partners bought the Dodgers, the runners-up: the bid team of Cohen and Los Angeles Times owner Patrick Soon-Shiong.

“No, that never came up. And Mark and I discussed it,” Kasten said. “So, no, we don’t have any reason to think that. I certainly have no reason to think that.”

What does Walter’s sale of the Lakers mean for the Dodgers?

“It means nothing for the Dodgers,” someone who speaks regularly with Walter said, speaking on condition of anonymity. “He owned them long before the Lakers and will own them long after.”

If Walter should later sell the Dodgers, what might have the greatest impact on the team?

Shohei Ohtani has an out clause in his contract if Mark Walter sells the team.

Shohei Ohtani has an out clause in his contract if Mark Walter sells the team.

(Eric Thayer / Los Angeles Times)

Shohei Ohtani’s 10-year, $700-million contract with the Dodgers includes an unusual escape clause: If Walter is no longer the controlling owner, or if Andrew Friedman is no longer running the Dodgers’ baseball operations department, Ohtani can opt out of the contract.

Would he?

Way too soon to tell. If major league owners get their way in collective bargaining, the proposed salary cap would mean Ohtani at $70 million could eat up just about one-third of any team’s payroll. And, in his third year with the Dodgers, he has yet to complete a full season as a pitcher, and a left knee in which manager Dave Roberts says Ohtani suffers from “wear and tear” could make him less of a two-way player as the contract winds down.

On the other hand, playing salary might be less of an issue for him than for any other player in baseball. Ohtani is making more than his annual salary from sponsorships and endorsements — an estimated $125 million this year — and he famously deferred $68 million of each year’s salary so the Dodgers could spend more freely on players that could help him and the team win. After six losing years with the Angels and two World Series championships in two years with the Dodgers, a losing team might not entice Ohtani, no matter how much room it might have under a proposed cap.

Iger used to run Disney. How did Disney’s experience owning the Angels and Mighty Ducks go?

Disney chairman Michael Eisner and NHL commissioner Gary Bettman blow duck calls announcing the name of the team in 1993.

Disney chairman Michael Eisner, left, NHL commissioner Gary Bettman, NHL chairman Bruce McNall and Mighty Ducks chairman Jack Lindquist blow duck calls announcing the name of the team in 1993.

(Doug Pizac / Associated Press)

Disney dressed the Angels in uniforms derided by one player as “pinstripe pajamas,” put cheerleaders on the dugout roof and installed a loud “countdown to first pitch.” This all seemed awful at the time but, given the plagues of in-game hosts and teams sporting jerseys in colors far beyond home white and road gray, perhaps Disney was just ahead of its time. And, for the first few years of the franchise, Mighty Ducks gear was some of the hottest merchandise in American sports.

Ultimately, Disney wanted the Angels and Mighty Ducks to launch an “ESPN West” regional sports channel. When that channel collapsed, Disney no longer needed the teams and eventually sold them. The Angels were such a minimal part of Disney’s portfolio that then-chief executive Michael Eisner showed up in the clubhouse and the players had no idea who he was.

Who owned the Angels when they won their only World Series championship?

Angels players wave to fans during the World Series title parade in Anaheim in 2002.

Angels players wave to fans during the World Series title parade in Anaheim in 2002.

(Jean-Marc Bouju / Associated Press)

Disney. The company hired an investment banker to sell the team in the final month before the Angels won the 2002 World Series and agreed to sell to Arte Moreno in the first month of the following season.

One more try: Why did Walter really sell the Lakers?

“I think it was opportunistic and he found something that made sense to him,” Kasten said. “Mark’s a very sensible guy. But that’s really the only way I can explain it.

“You’ll have to talk to Mark about a more in-depth explanation, and good luck.”

Times staff writer Maddie Lee contributed to this report.

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Too many questions. Lakers sale doesn’t pass smell test

The Lakers are being sold … again?

The Lakers are being sold … by the Dodgers owner who was supposed to save them?

The Lakers are being sold … to one guy who owns an underachieving women’s professional soccer team and another guy who owns a piece of the hated San Francisco Giants?

What in the name of Luka is going on here?

Los Angeles sports fans awoke Wednesday to the news that one of their two crown jewels was being sold for the second time in a year, a transaction valued at $12.5 billion and accompanied by at least that many worries.

This doesn’t feel good. This doesn’t feel right. Something stinks here, and it might just be the future of a franchise that once seemed in such good hands.

On Wednesday it was stunningly and ingloriously fumbled, and for what?

There are two main unknowns here, and both should send shivers through a Laker fan base that could be watching their team become the Portland Trail Blazers.

First, why did Mark Walter sell just 10 months after buying? Yes, he made a $2.5 billion profit, but 10 months? Who owns a major sports franchise for just 10 months?

Second, what sort of owners will Bob Iger and Josh Kushner be? Iger is known for running Disney, and Kushner is known for running with President Trump’s son-in-law, who happens to be Kushner’s brother, Jared.

So crazy. So scary.

Does all this mean the Dodgers are also for sale? Will courtside seats be converted to spinning teacups? Is President Trump going to show up for a ceremonial opening tip?

Mark Walter, chairman and controlling owner of the Dodgers, acknowledges a fan before a game in Chicago on Aug. 4.

Mark Walter, chairman and controlling owner of the Dodgers, acknowledges a fan before a game in Chicago on Aug. 4.

(Melissa Tamez / Associated Press)

Lots to dig in here, starting with Walter, who brought much hope to the struggling franchise after buying it from the Buss family last summer.

In his short tenure the Lakers racked up a bunch of off-court wins. They revamped their scouting department, increased a focus on analytics and rid themselves of LeBron James without the usual noise of an ugly breakup.

Under Walters, the Lakers didn’t fire Rob Pelinka, didn’t fire JJ Redick, brought back Austin Reaves, and actually set the team up for a pretty exciting playoff run next season.

Walter was clearly building the Lakers into the image of the Dodgers, which makes it so shocking that he would so easily cast them aside.

Could this be the result of outside forces? Walter is under federal investigation for tax fraud by companies controlled by the billionaire, and perhaps he sold the Lakers as a peace offering to the feds. The fact that he sold to somebody so close to President Trump could also help his federal case.

Remember last month when Walter embarrassingly groveled at Trump’s feet during the Dodgers visit to the White House, even giving the president a championship ring? It feels like the Lakers sale to a group co-led by Kushner is an outgrowth of that pandering.

Sources told The Times’ Bill Shaikin that the Dodgers are not for sale, but if Walter was troubled enough to sell arguably America’s most glamorous sports franchise after owning it for less time than it takes for Edwin Díaz to walk to the mound, who knows if the Dodgers are really safe?

In Walter, the Lakers had a proven champion who forged a partnership with the fans and rewarded them with sustained success.

In Iger and Kushner, the Lakers have two rich guys who have never been the majority owners of a team, never run a team and never done much more than cheer for a team.

Iger, 75, an entertainment genius who ran Disney for much of the last 20 years, has failed in his previous attempts to buy a sports team. A decade ago, he was in the finals to bring an NFL team to Los Angeles, but lacked the gravitas to pull it off.

In 2024, Iger and his wife, USC journalism dean Willow Bay, bought a controlling stake in the Angel City Football Club in the National Women’s Soccer League. But the team has yet to make any sort of local splash, missing the playoffs in each of the last two seasons.

Bob Iger, former Disney CEO in a white shirt, sits in a courtside seat for a Clippers game in 2025.

Former Disney CEO Bob Iger, in white shirt, has been a longtime basketball fan. In 2025 he sat courtside for a Clippers game at Intuit Dome.

(Allen J. Schaben / Los Angeles Times)

Kushner, meanwhile, is a 41-year-old billionaire venture capitalist who is best known for his brother’s father-in-law and his super-model wife Karlie Kloss. He owns a minority stake in not only the Giants, but the Miami Heat, which he must sell.

There is no indication whether they will be good owners, and they will clearly have to hire a seasoned NBA executive to serve as president to run the show. The identity of this person will be the first sign of their seriousness in restoring a championship culture, but there will be other signs as well, and not all could be positive.

There should be fear that these new wonders will follow the path of the most recently minted NBA owner, Portland’s Tom Dundon, who unapologetically cheapened the organization by doing everything from firing 70 business employees to bucking NBA tradition by refusing to pass out free T-shirts to the fans during playoff games. He even showed the door to both the club’s radio and TV play-by-play announcers in a dramatic cost-cutting move that could be a blueprint for other struggling teams.

Which is to say, nobody has any idea how Kushner and Iger will run things. They have no history here. They have no experience. They have no credibility. This isn’t Disney. This isn’t some hedge fund.

These are the 17-time NBA champion Lakers. This is a national monument forged on the sweat of everyone from Jerry West to Magic Johnson to Kobe Bryant.

This is a community’s heartbeat. This is a region’s touchstone.

Handle with care.

A city will be watching.

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Bob Iger could be the Imagineer to lead the Lakers back to glory

So instead of the Dodgerfication of the Lakers, we’re getting the Disneyfication of the Lakers.

Hakuna Matata?

Yes, it’s weird and distressing, watching billionaires play catch with our ballclubs.

But this high-stakes game of hot potato that resulted in Bob Iger and Joshua Kushner acquiring the Lakers for $12.5 billion from Mark Walter less than a year after the Dodgers owner bought the NBA team?

For the Lakers, it really could end happily ever after.

Because we’re realizing you probably shouldn’t put all your proverbial eggs — or both of a city’s most beloved sports teams — in one guy’s basket. Especially if that one guy happens to be at the center of a federal loan investigation.

And if all it took, really, to get Walter to relinquish his ownership of the Lakers was $2.5 billion more than the reported figure he paid for them, then he wasn’t the right owner for the franchise anyway.

He wasn’t actually going to spin blue into purple and gold.

And Disney did give us some pretty great stories under Iger, didn’t it?

A native New Yorker, Iger, 75, grew up a Knicks fan. But he has also long been an L.A. basketball fan — though he has identified as a Clippers supporter. (Sorry, Clips, I think you’re down a fan.)

Lakers great Magic Johnson said he’s known Iger since the Showtime era, and gushed in an interview Wednesday with The Times’ Broderick Turner: “The great thing for Laker fans is Bob Iger loves basketball, loves the Lakers and I think that we couldn’t have a better person.

“Somebody that don’t know the Lakers, the tradition, that don’t know the city, that don’t know the passion that the fans have for the Lakers here in L.A.? Then I would have been like, ‘Oh man. They gotta learn all that.’

Bob Iger, CEO of Disney, addresses the media during the Star Wars: Galaxy's Edge media event in 2019.

Bob Iger, then chief executive of Disney, addresses the media during the Star Wars: Galaxy’s Edge media event in 2019.

(Allen J. Schaben / Los Angeles Times)

“Well there’s no learning curve for Bob.”

And Angelenos know Iger. We don’t know Kushner except for his family ties. But Iger, we do.

Walter isn’t selling the Lakers to some rich guys without any L.A. cred. He’s selling to a basketball fan whom we’ve seen courtside at Lakers games. Someone who joined us in sharing our heartbreak on social media when Kobe Bryant died in 2020, calling him “a friend and a fan of ours, full of life and taken from us too soon.”

We recognize Iger; he’s the Disney guy. We know him for his successful tenures as chief executive of that beloved company, which were highlighted by innovative storytelling, savvy investment and expansion — including into sports. We know he helped turn ESPN into a TV juggernaut.

Before the sale to Walter, the Buss family, which owned and ran the Lakers for 46 years, was having trouble keeping up in a booming NBA. Player salaries are capped, but ownership’s resources matter much in terms of creating a competitive infrastructure of coaches, basketball operations, medical and scouting staffs.

So we were looking forward to seeing sweeping improvements when Walter took control and provided the organization with a much-needed financial infusion. After all, his Dodgers have won three World Series crowns and clinched the National League West in 12 of 13 seasons since 2012, when he and his partners bought the club for a then-MLB record $2.15 billion.

But as of Wednesday morning, we were still looking.

We thought the new Lakers’ regime would get to work without a second to spare. Yeah, they added a second row of seats courtside. And laid off more than a dozen employees.

We expected they’d beef up their scouting department. But they moved the G League team from the South Bay way out to the Coachella Valley, so even the most ardent fans in L.A. will have a hard time keeping an eye on the team’s prospects.

We expected, under Walter, that the Lakers would give their basketball brain trust an obvious boost.

But they’ve only flirted with filling the job of second assistant general manager. And they failed to poach anyone from the league’s most innovative front offices like the Dodgers did when they hired Andrew Friedman. Their big get was Rohan Ramadas, from the … New Orleans Pelicans, a team that made the playoffs only twice in the last eight seasons.

Iger and Kushner can do better. They better do better.

Joshua Kushner speaks onstage during the Big Bets panel at the Fortune Global Forum 2024.

Joshua Kushner, founder and chief executive of Thrive Capital, speaks onstage during the Big Bets panel at the Fortune Global Forum 2024.

(Jemal Countess / Getty Images for Fortune Media)

I think they will.

This isn’t a fly-by-night proposition for Iger, who headed an effort by the Chargers and Raiders to build a stadium in Carson before Stan Kroenke built $5-billion SoFi Stadium in Inglewood.

In 2024, Iger and his wife, Willow Bay, who is dean of the USC Annenberg School for Communication and Journalism, acquired a controlling stake in the Angel City Football Club of the National Women’s Soccer League for $50 million, pushing its valuation to $250 million, a record for a women’s sports team.

Angel City hasn’t been winning, but they doubled the staff and wasted no time setting up a sizable new performance center at California Lutheran University in Thousand Oaks. The WNBA’s Sparks, which Walter has owned since 2014, are still waiting for their own practice facility, which is now finally under construction in El Segundo.

“As lifelong NBA fans,” Kushner and Iger said in a statement, “we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world.”

Iger knows as much as anyone about successfully stewarding an iconic brand.

Now he could be the Imagineer to bring the 17-time champion Lakers back to the happiest place on earth — the NBA’s mountaintop.

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The Dodgers’ three-peat chance may never come again. Trade accordingly

The Dodgers do not have to do anything. They’re in on everything, including Tarik Skubal.

With one week left before baseball’s trade deadline, the Dodgers are doing what the Dodgers always do. When you are flush with money and prospects, you can invite yourself into just about every conversation, from checking in on a star player to sniffing around for a three-way deal in which you trade away major league depth to acquire even more prospects.

“Not having an acute need at this time of year is very helpful,” Dodgers president of baseball operations Andrew Friedman said Tuesday.

It ain’t bragging if you can back it up. The Dodgers boast baseball’s best record, with seven key players expected to return from significant injuries over the next two months. Then comes the quest for a three-peat: the chance to become the first team in National League history to win three consecutive World Series championships.

To me, that should be the most compelling element of the Dodgers’ trade deadline strategy.

Friedman repeatedly has said he would like this era to be remembered as “the golden age of Dodger baseball,” and nothing says legacy like doing something that never has been done.

And, if major league owners get their way, something that might never be done again.

We’re not just talking about the owners of teams tired of getting beaten by the Dodgers. We’re talking about Friedman’s boss, Mark Walter.

We can’t win all the time,” Walter told me this spring.

The owners are prepared to shut down the sport until they get a salary cap, but even a compromise with the players’ union would almost certainly involve some kind of spending restraints intended to make Friedman’s job tougher.

Act now, even in a way that might make you feel uncomfortable, because this chance might never come again.

“We feel this current team is as talented and tight-knit of a group as we’ve had,” Friedman said, “and we’ve been extremely aggressive over the past offseasons to try to put that group together.

“To the extent we can add to it, we’ve shown in the past that we’ll be aggressive on that front as well, but it’s good going into this last week feeling as good as we do about this group.”

On the one hand, Friedman himself, and Walter himself, and Dave Roberts and Shohei Ohtani and Mookie Betts and a cast of heroes talked up a three-peat at last year’s championship celebration.

Walter: “All I have to say to you is, we’ll be back next year.”

Friedman: “How about we do it again?”

Betts: “Three-peat ain’t never sounded so sweet.”

On the other hand, well, the Dodgers won the World Series last year without trading for the outfielder and closer the world said they needed, then committed $309 million to outfielder Kyle Tucker and closer Edwin Díaz in the winter.

“We don’t really think of the 2026 World Series as a three-peat,” Friedman said Tuesday. “ ‘24 and ‘25 are in the bank. As soon as you get into the offseason and into spring training, it’s all about winning in ‘26.

“That is somewhat semantics, but the context is that it’s no different than in any other year, in the sense of doing everything we can to win the last game of the year. I would think the aggressiveness last offseason would fully demonstrate that.”

On Tuesday, Fangraphs projected the Dodgers had a 25% chance to win the World Series, more than twice as high as any other team. A third catcher would help, and a reliever might too, but neither would lift that percentage in any meaningful way so much as provide insurance should Will Smith’s recovery from his neck injury stall or the bullpen implode.

Skubal might not lift that percentage much, either, in place of Ohtani or Blake Snell or Tyler Glasnow in the starting rotation. The Dodgers project all three to be healthy in October and, if not, they have All-Star Justin Wrobleski.

But Wrobleski already has set a professional high for innings pitched, and Skubal would provide a big lift to the teams most likely to keep the Dodgers from returning to the World Series: the Milwaukee Brewers, Atlanta Braves and Chicago Cubs.

And, although the Dodgers pride themselves on running a team whose championship window never closes, they already field the oldest lineup in the majors. In the NHL, owners shut down an entire season to get a salary cap.

Let’s say the 2027 baseball season starts late. By the end of the season, the Dodgers could field a lineup in which every position player besides Andy Pages was at least 30 years old, including Freddie Freeman at 38, Max Muncy at 37, Betts at 34 and Ohtani at 33.

Friedman called it “a fool’s errand” to try to predict the outcome of collective bargaining negotiations and disputed the thought that the Dodgers might miss a window by not maximizing whatever chance they have this year.

“I just think this is a really, really talented team,” he said. “If we had an acute need and it was like, ‘Oh, you didn’t address that,’ then, yeah, we missed an opportunity.

“In this game, there’s just no guarantees of anything. You just make the smartest decisions you can and hope it plays out in a way where you have some good fortune and you win the last game of the year.”

Perhaps “three-peat” should not be the word of the week. Perhaps we should substitute “three-peat-maxxing.”

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Angels interim GM John Mozeliak gives fans a reason to hope for wins

In 2012, when Mark Walter and his partners bought the Dodgers, team president Stan Kasten declared mediocrity would no longer be acceptable.

Would the Dodgers improve their minor league system? Yes. Would the Dodgers improve their major league roster? Also yes. Would spending in one area preclude spending in another? Absolutely not.

“These fans expect and deserve a team that can win,” Kasten said then.

So do Angels fans. For the first time this decade, with the arrival of John Mozeliak as interim general manager, they have legitimate hope.

Mozeliak, whose St. Louis Cardinals teams reached the playoffs more often than not in his 18 years running baseball operations there, is here to end baseball’s longest postseason drought, or at least steer the Angels in that direction.

At first, I was shocked to hear him say he does not believe the Angels need to rebuild. Under owner Arte Moreno, the Angels have resisted rebuilding, preferring to add lower-tier free agents and rush college players to the major leagues in an effort to field a competitive roster. That has failed: For the first time in franchise history, the Angels could finish in last place for a third consecutive season.

But, when Mozeliak and I sat down in the Angels’ dugout the other day, he explained that the path forward in Anaheim should not be tanking. It should be acting like the major-market team the Angels are — and were, during Moreno’s first decade of ownership.

“The one thing you have to realize about the Los Angeles Angels is: they do have resources,” Mozeliak said. “From Mr. Moreno to the market size, this is a place that could be a very, very special place.”

In Moreno’s first decade, under Bill Stoneman and Mike Scioscia, the Angels were a player development machine. In 2003, in his first winter as owner, Moreno signed the best position player on the free-agent market in Hall of Famer Vladimir Guerrero and the best pitcher on the market in four-time All-Star Bartolo Colon.

The questions Mozeliak asks and answers now are the same ones Kasten did with the Dodgers. Can the team deploy resources to upgrade scouting and player development? Yes. Can the team do the same with the major league roster? Also yes.

“There are many franchises in the game of baseball that cannot do that,” Mozeliak said. “They have trade-offs. They have to make a decision: If I’m going to give you $20 million for your infrastructure, that’s $20 million less for your payroll.

“This place is different.”

The Dodgers parallel only goes so far. Walter and Kasten inherited a core of Clayton Kershaw, Kenley Jansen, Matt Kemp and Andre Ethier. Mozeliak will work with Mike Trout and a long-touted “young core” that has shown by now it is not the foundation of a championship-caliber team.

No one expects Moreno to spend like the Dodgers do (and even Walter’s fellow owners want a salary cap in an attempt to stop the Dodgers). Yet, in St. Louis, Mozeliak built winners without the Cardinals owners ever paying a luxury tax.

The first step in revitalizing the Angels comes Saturday, in the draft.

“We’re going to take the best available player,” Mozeliak said.

Mozeliak said he is not interested in two recent Angels trends: paying less to a first-round pick in order to spread the savings around longer shots in the lower rounds, or targeting a polished college player in part because he could get to Anaheim in a hurry.

“I’m not wedded to a high school player or a college player,” Mozeliak said. “I want the best player.”

The second item on the agenda: the Aug. 3 trade deadline, which would afford Mozeliak the opportunity to collect prospects for such players as pitcher Reid Detmers and Jose Soriano and outfielder Jo Adell.

In 2020, Moreno nixed a trade that would have brought Andy Pages – then a Dodgers prospect, now an All-Star – to the Angels.

In 2023 and 2024, Moreno rebuffed trade offers for Shohei Ohtani that could have returned the likes of Junior Caminero or Jackson Merrill. No player of that caliber would be coming in return for what the Angels have to offer now.

Mozeliak said the Angels should not consider a trade proposal in isolation, without considering how to flex their major-market muscles to fill whatever hole a trade might create.

“If we understand what we’re doing today can help make us stronger tomorrow, and then look at potentially what we could do on the free-agent market,” he said, “that should be something we are doing in parallel thinking.”

Mozeliak said he does not believe any player should be untouchable. As if on cue, Trout walked by.

Trade Trout? That’s not happening, right?

“That’s not happening,” Mozeliak said.

In his hours of conversations with Moreno, Mozeliak said, the topic of whether the owner might sell the team “never came up.”

Does Moreno appear interested in staying for the long haul?

“Absolutely,” Mozeliak said.

Mozeliak said he had presented Angels President Molly Jolly with a 100-day plan for what the team calls a consulting role: run baseball operations on an interim basis; do a deep dive into how the Angels do things now and how they can do them better; recommend a new general manager. Maybe he stays in that role, or in a supporting role, or he simply leaves when his contract expires in December.

“I’m certainly confident in what we need to do, and I’m certainly confident this is a market that could be amazing,” he said. “It’s exciting times for me. I’m energized.

“I’m smart enough to know that one person cannot change everything. But one person can begin change, and that’s what I’m going to start to do.”

Distinguished executives, including the likes of Dave Dombrowski and Andrew Friedman, have wanted no part of the Angels. Then again, Mozeliak is only committed for six months. If Moreno does not do what Mozeliak believes should be done, and if Mozeliak is not allowed to begin that change, he can just walk away.

“I think I have that authority,” Mozeliak said, “and I think he understands that he can embrace change, because that is what is going to be required.”

Based on Moreno telling you that?

“Yes,” Mozeliak said.

The last time the Angels hired an experienced general manager from outside the organization: 35 years ago, when they also looked to St. Louis for Whitey Herzog. That didn’t work. Herzog won a power struggle in the front office, then quit anyway, amid disputes with ownership.

This might work, or might not. But think back to 2020, when then-Angels president John Carpino said this: “Obviously, we’re not doing it the right way. We’re not winning games. So something is not right in our organization.”

Carpino retired in April, without ever explaining what was not right in the organization or, based on the standings, repairing it.

Jolly replaced him and, within two months, secured Moreno’s approval to hire the architect of a World Series championship team to figure out what was not right in the organization, and to fix it.

In one bold step, the Angels admitted they had a problem and set out a path to remedy it. With three months to go in this wretched season, the MVP of the 2026 Angels is abundantly clear: Molly Jolly.

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For Dodgers, getting to playoffs is not good enough for Mark Walter. For Lakers?

Here’s a bit of Dodgers trivia for the bandwagon fans in our midst: Who was the manager before Dave Roberts?

That was 11 years ago. He is Don Mattingly, who returns to Dodger Stadium on Friday as manager of the Philadelphia Phillies.

The Phillies were 9-19 when they fired Rob Thomson and replaced him with Mattingly. They are 20-8 since then, a better record than the Dodgers have posted over the same span.

In Philadelphia, Mattingly got his chance because the Phillies were losing. In Los Angeles, Mattingly departed amid a run of winning.

For Mark Walter and what was then a new Dodgers ownership group, that was not enough. As Walter enters his first offseason as the Lakers’ controlling owner, it’s worth keeping that in mind.

“They have a hunger for victory that is the greatest I’ve ever seen, without exaggeration,” former Dodgers general manager Ned Colletti told me.

In two seasons with Rob Pelinka as president of basketball operations and JJ Redick as coach, the Lakers won division titles both times, failing to get out of the first round of the playoffs one year and failing to get out of the second round of the playoffs the next.

In 2013 and 2014, with Colletti as GM and Mattingly as manager in the first full seasons of Walter’s ownership, the Dodgers won division titles both times, failing to get out of the first round one year and failing to get out of the second round the other.

The Dodgers replaced Colletti with Andrew Friedman.

In 2015, the Dodgers won the division but failed to get out of the first round of the playoffs. Friedman offered Mattingly a short-term extension, and Mattingly opted for a long-term deal to manage the Miami Marlins.

After Walter and Co. took over the Dodgers, Mattingly told me Wednesday, there was one year he thought he might be fired: 2013, when the Dodgers started 30-42 and fell 9 1/2 games out of first place in mid-June. The Dodgers then reeled off 42 wins in 50 games and won the division by 11 games.

He appreciated that Walter, team president Stan Kasten and eventually Friedman did not simply bring in a new manager at their first chance.

“You get to evaluate and see,” Mattingly said, “and you have your vision for where you want it to go, and sustain it. That’s the thing they’ve been great at: sustaining it. It’s been year after year. You can’t really doubt what they’re doing.”

Kasten’s first move was not to fire Colletti, but to ask what ownership could provide for him so that he could do a better job. The owners quickly responded by funding the addition of impact players (Adrián González and Hanley Ramirez), extending the contract of a popular home-grown player (Andre Ethier), revitalizing the Dodgers’ Latin American talent pipeline (Yasiel Puig and Julio Urías), renovating the clubhouse and, at Mattingly’s suggestion, refreshing the family room.

“We started to be able to compete with a different mindset, which was invaluable,” Colletti said.

Similarly, with Friedman and former Dodgers general manager Farhan Zaidi as consultants, the Lakers have added two positions for assistant general managers, overhauled the scouting staff, created more room at team headquarters by relocating their G League affiliate to the Coachella Valley, and borrowed from the Dodgers’ playbook in modernizing medical and biomechanical facilities.

This summer could be critical in determining the future of the Lakers, including who runs them. Walter can spend all he wants, as he does with the Dodgers, but the luxury-tax penalties in the NBA are more severe than in baseball and could restrict the roster flexibility so coveted by the likes of Friedman and Zaidi. A star-studded roster beyond Luka Doncic — say, a trade for Giannis Antetokounmpo? — could require the Lakers to sacrifice the draft picks that also would limit roster flexibility.

The Lakers will have the resources. Walter will want to see the creativity and the championships — or, at least, the path to them. Ultimately, he will decide what he did with the Dodgers: Does he have the best people he can get running the team?

“You see many organizations that win, and then they take a step back,” Colletti said. “They feel like they have some goodwill in the bank, they don’t have to chase the biggest free agents, and they don’t need to re-invest in the team or the stadium.

“From my vantage point, all the way up and down that organization and especially at the ownership level, it’s almost like they’ve never won, and they’re hungry to get there. To be there and be unsatisfied — that quest to be as great as you can be — is one of the great indicators of the excellent ownership it is.”

In the meantime, any advice for Pelinka and Redick? Colletti let out a hearty laugh.

“Do your best,” he said, “and turn it up a notch.”

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