4 hours ago
(This post was last modified: 4 hours ago by HoosierDaddyKid.)
The Ringer: “It's starting to seem like he might actually go to jail." @BillSimmons and @SammyKoppelman on why the Mark Walter situation is looking more and more sketchy. Mark Walter has been looking for cash to fund billions of dollars in loans for months, and he isn't just trying to sell his sports assets. According to @Ourand_Puck, Mark Walter engaged Charter Communications to see whether the company wanted to exit its local TV deals for the Lakers and Dodgers several years early in exchange for a lump-sum payment, but those talks went nowhere. The Dodgers currently have one of the best local TV deals in sports — 25 years, $8.35 billion for an average of $334 million annually — but Walter was willing to exit the deal early in exchange for upfront cash today. That's crazy.
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