How much of the Dodgers does Todd Boehly own?
How much of the Dodgers does Todd Boehly own?
By Oliver Wiener February 15, 2024 21:47
Photo by Clive Rose/Getty Images
Todd Boehly, a prominent figure in the world of sports and investment, holds a significant ownership stake in the Los Angeles Dodgers, along with involvement in various other ventures.
Percentage of Ownership
- While the exact percentage of Todd Boehly's ownership in the Los Angeles Dodgers has not been disclosed, it has been reported by Barron's in 2019 to be 20% of the team, making him a substantial co-owner of the franchise.
Background and Co-ownership
- Boehly is a co-owner of the Dodgers, being part of the Guggenheim Baseball Management group that acquired the team in 2012 for a then-record $2.15 billion.
- This acquisition included Dodger Stadium and the surrounding land, and Boehly, along with other co-owners, has been involved in the ownership of the team since then.
- Furthermore, he is also a part owner of the Los Angeles Sparks, demonstrating his significant presence in the sports industry.
Recent Developments
- In 2021, it was reported that Todd Boehly, along with Mark Walter, another Dodgers co-owner, had closed on a 27% stake in the Los Angeles Lakers, further expanding their presence in the sports ownership landscape.
- The acquisition of a minority stake in the Lakers by Boehly and Walter has been approved by the NBA Board of Governors, highlighting their continued involvement in the sports industry.
- This move not only signifies Boehly's influence in the world of sports ownership but also reflects his ongoing commitment to diversifying his sports portfolio.
Investment Ventures
- Apart from his sports ownership endeavors, Todd Boehly is actively involved in various investment ventures, including digital technology, hospitality, and real estate.
- His company, Eldridge, has investments in a wide range of industries, showcasing his diverse business interests and investment acumen.
While the exact percentage of Todd Boehly's ownership in the Los Angeles Dodgers remains undisclosed, his significant involvement in the acquisition and management of the team, along with his recent expansion into Lakers ownership, underscores his prominent role in the sports ownership landscape.
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