Mark Walter Is Seeking to Sell the WNBA’s Los Angeles Sparks

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Photographer: Rich Graessle/Icon Sportswire/AP Photo Mark Walter is looking to sell the WNBA ’s Los Angeles 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.

Missing media or need the complete publisher report? Open Bloomberg ↗