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Mark Walter isn’t selling the Dodgers, right?

He is selling the Lakers. He is selling his share of Chelsea, the Premier League team. He is looking into selling the Sparks.

And now he is looking into selling his share of the Cadillac Formula One racing team, as Sportico first reported Monday.

But keeping the Dodgers, right? “No matter what,” Walter told the California Post last week.

Wait a second, though. In August, Walter’s TWG Global holding company issued a statement that was definitive in two specific aspects: the Dodgers were “not being sold” and his company was “not considering exiting its stake in the Cadillac Formula 1 team.”

So I reached out to Walter’s company and to his personal spokesman, asking how to reconcile the definitive statement denying interest in a Formula One sale with the news of a possible sale and, in light of that development, whether the denials of interest in a Dodgers sale should remain credible.

No one at the company emailed me back, and the spokesman declined to comment. Someone in contact with Walter, speaking on condition of anonymity because he is not authorized to comment, advised me to wait and see if a Formula One deal actually materializes and, if so, for what value.

Amid federal investigations into whether the insurance companies Walter controls might have violated laws designed to protect investors, and as he is a defendant in multiple civil lawsuits filed by investors that allege fraud and breach of contract, Walter is selling off assets from his sports empire.

He could generate a significant share of the more than $20 billion he might need to recapitalize the insurance companies and satisfy state regulators. It is uncertain how that might influence the federal investigations and civil lawsuits.

The Lakers sold for $12.5 billion — the valuation for the entire team, not for Walter’s controlling share.

Walter is seeking $3 billion for his interest in the Formula One team, according to Sportico, and $700 million for the Sparks, according to Bloomberg. The sale of the Chelsea stake, owned jointly by Walter and Dodgers co-owner Todd Boehly, generated about $1.27 billion, according to the Financial Times.

The sale of the Dodgers could generate $10 billion to $13 billion, The Times has reported.

None of this is to say Walter is not genuine in his proclamation that he is not selling the Dodgers. He said the Dodgers would win, and they have: three championships within six years, after three in the previous 56. The shine has been restored to an L.A. crown jewel.

But things can change. Potential Dodgers bidders, including Times owner Dr. Patrick Soon-Shiong, are considering offers should Walter decide to sell. Some have inquired discreetly and been told what everyone has been told: the team is not for sale. Commissioner Rob Manfred said the league is keeping an eye on developments surrounding Walter’s insurance empire.

“As always when we have an investigation — external, law enforcement, whatever — we monitor that,” Manfred said at the World Series. “That’s where we are right now. We’re just watching what’s going on right now.”

And that is indeed where we are right now: We don’t know what’s going to happen with the feds, and in the courts. For today, and for the immediate future, the Dodgers are not for sale. But plans can change, as Walter’s Formula One team just learned.

Mark Walter is looking to sell the WNBA’s Sparks, taking another step in the dismantling of his sports-team empire, according to people familiar with the matter.

Walter, a co-founder of money management firm Guggenheim Partners, sold the Lakers earlier this year at a $12.5 billion valuation to Joshua Kushner and Bob Iger, but the WNBA team had remained under his ownership. Kushner and Iger later discussed acquiring the Sparks, but they are not among potential buyers, said the people, who asked to not be identified because the talks are private.

Sportico values the team at $400 million. Walter is looking to sell the franchise and a related practice facility for more than $700 million, said one of the people, who wasn’t authorized to speak discussing private dealings. The practice facility, which was constructed for $150 million, is scheduled to open before the start of the 2027 season. The franchise plays in the Crypto.com Arena.

Such a deal would be by far the largest WNBA franchise sale in history. The current record of $300 million is held by Tilman Fertitta, the owner of the Houston Rockets who bought the Connecticut Sun and is in the midst of moving the franchise to Houston.

A spokesperson for Iger and Kushner declined to comment. A spokesperson for TWG Global, Walter’s holding company, didn’t immediately respond to a request for comment.

Federal prosecutors have been probing dealings at Walter’s insurance firms, prompting him to reshape his holdings and stirring up deal talks on multiple fronts, including his sports franchises. After selling the Lakers, he sold his stake in Chelsea FC to Clearlake Capital. Walter’s other sports holdings include the Dodgers, the Cadillac Formula One team and the Professional Women’s Hockey League.

Dodgers President Stan Kasten told The Times in August that the team isn’t for sale. “There’s no process that has been started to sell it, period,” he said.

The Sparks finished 16-28 during the WNBA season and have missed the playoffs for six straight seasons. The Sparks were one of the original eight teams when the WNBA was founded in 1997.

Williams, Natarajan and Shaw write for Bloomberg.