Lakers Unaffected as Walter’s Insurers Face Probe | Los Angeles Lakers News

Federal prosecutors are probing financial dealings at two insurance companies owned by Mark Walter—Delaware Life and Clear Spring Life—but crucially, no charges have been filed and the Lakers organization is untouched. The investigation, which began with February subpoenas, is in early stages, and Walter’s holding company is cooperating fully. Both insurers confirm their financial health remains unchanged. Walter, who took over the Lakers in a $10 billion deal last year and also owns the Dodgers, still operates the team through his holding company, with Jeanie Buss running day-to-day operations. The NBA hasn’t commented, and Lakers’ offseason moves—including signing Matisse Thybulle—are proceeding as planned. This is strictly about Walter’s business entities, not the team. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/21a1172223a17c0e