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| alma_mater = [[Creighton University]] ([[Bachelor of Arts|B.A.]])<br/>[[Northwestern University School of Law|Northwestern University]] ([[Juris Doctor|J.D.]])
| alma_mater = [[Creighton University]] ([[Bachelor of Arts|B.A.]])<br/>[[Northwestern University School of Law|Northwestern University]] ([[Juris Doctor|J.D.]])
| spouse = Kimbra Walter
| spouse = Kimbra Walter
| known_for = Owner of Chelsea F.C.<br/>Chairman of Los Angeles Dodgers<br/>Owner of Professional Women’s Hockey League
| known_for = Owner of Chelsea<br/>Chairman of Los Angeles Dodgers<br/>Owner of Professional Women’s Hockey League
| occupation = Businessman
| occupation = Businessman
}}
}}
'''Mark Walter''' is an American businessman and the chief executive officer of [[Guggenheim Partners]], a privately held global financial services firm with more than $325&nbsp;billion in [[Guggenheim Partners|assets under management]] and headquarters in Chicago and New York. He is also the part-owner and chairman of the Major League [[Baseball]] franchise [[Los Angeles Dodgers]] and co-owner of [[Premier League]] club [[Chelsea F.C.]]<ref name=":0">{{Cite web|title=Mark Walter|url=https://www.forbes.com/profile/mark-walter/|access-date=September 3, 2021|website=Forbes|language=en}}</ref> He also owns the [[Professional Women's Hockey League]] (PWHL).
'''Mark Walter''' is an American businessman and the chief executive officer of [[Guggenheim Partners]], a privately held global financial services firm with more than $325&nbsp;billion in [[Guggenheim Partners|assets under management]] and headquarters in Chicago and New York. He is also the part-owner and chairman of the [[Major League Baseball]] franchise [[Los Angeles Dodgers]] and co-owner of [[Premier League]] club [[Chelsea F.C.|Chelsea]].<ref name=":0">{{Cite web|title=Mark Walter|url=https://www.forbes.com/profile/mark-walter/|access-date=September 3, 2021|website=Forbes|language=en}}</ref> He also owns the [[Professional Women's Hockey League]] (PWHL).


==Early life and education==
==Early life and education==
Line 20: Line 20:


==Business History==
==Business History==
In 1996, he co-founded the Liberty Hampshire Company, LLC with Steven E. Johnson, in [[Chicago]].<ref>{{Cite web|title=Liberty Hampshire Co LLC/The - Company Profile and News|url=https://www.bloomberg.com/profile/company/504944Z:US|access-date=October 26, 2020|website=Bloomberg.com|language=en}}</ref> In 2000, he helped found [[Guggenheim Partners]] and serves as its CEO <ref>{{cite web |title=Who Is Dodgers Owner Mark Walter And Where Did He Get All That Money |url=https://www.laweekly.com/who-is-dodgers-owner-mark-walter-and-where-did-he-get-all-that-money/}}</ref>.
In 1996, he co-founded the Liberty Hampshire Company, LLC with Steven E. Johnson, in [[Chicago]].<ref>{{Cite web|title=Liberty Hampshire Co LLC/The - Company Profile and News|url=https://www.bloomberg.com/profile/company/504944Z:US|access-date=October 26, 2020|website=Bloomberg.com|language=en}}</ref> In 2000, he helped found [[Guggenheim Partners]] and serves as its CEO.<ref>{{cite web |title=Who Is Dodgers Owner Mark Walter And Where Did He Get All That Money |url=https://www.laweekly.com/who-is-dodgers-owner-mark-walter-and-where-did-he-get-all-that-money/}}</ref>


According to [[Forbes]], Walter has personal stakes in [[Beyond Meat]] and [[Carvana]].<ref name=":0" /> In 2021, it was reported that Walter had purchased numerous commercial and historic buildings in [[Crested Butte, Colorado]] for an unknown purpose.<ref>{{Cite news |last=Hitt |first=Tarpley |date=May 2, 2021 |title=Billionaire Is Buying Up Small Colorado Town—and Locals Are Freaked |language=en |work=The Daily Beast |url=https://www.thedailybeast.com/billionaire-mark-walter-is-buying-up-crested-butte-colorado-and-locals-are-freaked |access-date=July 29, 2022}}</ref><ref>{{Cite news |last=Blevins |first=Jason |date=April 9, 2021 |title=Mark Walter, who owns the Los Angeles Dodgers, is buying up Crested Butte's downtown buildings |work=[[Colorado Sun]] |url=https://coloradosun.com/2021/04/09/mark-walter-dodgers-buying-crested-butte-downtown/}}</ref>
According to [[Forbes]], Walter has personal stakes in [[Beyond Meat]] and [[Carvana]].<ref name=":0" /> In 2021, it was reported that Walter had purchased numerous commercial and historic buildings in [[Crested Butte, Colorado]] for an unknown purpose.<ref>{{Cite news |last=Hitt |first=Tarpley |date=May 2, 2021 |title=Billionaire Is Buying Up Small Colorado Town—and Locals Are Freaked |language=en |work=The Daily Beast |url=https://www.thedailybeast.com/billionaire-mark-walter-is-buying-up-crested-butte-colorado-and-locals-are-freaked |access-date=July 29, 2022}}</ref><ref>{{Cite news |last=Blevins |first=Jason |date=April 9, 2021 |title=Mark Walter, who owns the Los Angeles Dodgers, is buying up Crested Butte's downtown buildings |work=[[Colorado Sun]] |url=https://coloradosun.com/2021/04/09/mark-walter-dodgers-buying-crested-butte-downtown/}}</ref>
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===Los Angeles Dodgers and Sports Business===
===Los Angeles Dodgers and Sports Business===
On May 1, 2012, Walter helped lead [[Guggenheim Baseball Management]], LLC, a private partnership formed in 2011 to acquire the [[Los Angeles Dodgers]], in the successful purchase of the storied baseball franchise for $2.15 billion. His partners in Guggenheim Baseball Management include [[Peter Guber]], [[Earvin “Magic” Johnson]], [[Stan Kasten]], [[Todd Boehly]], and [[Bobby Patton]].<ref>[http://www.laweekly.com/news/who-is-dodgers-owner-mark-walter-and-where-did-he-get-all-that-money-6120682 Introduce Mark Walter - new Dodgers owners and chairman]</ref><ref>[https://www.forbes.com/profile/mark-walter/ $2.2B Mark Walter Forbes profile - new Dodgers owners and chairman from Chicago (Creighton University; Doctor of Jurisprudence, Northwestern University)]</ref><ref>[http://losangeles.dodgers.mlb.com/la/community/executives/walter.html Mark Walter MLB Biography - controlling owner of the Los Angeles Dodgers]</ref><ref>[http://articles.latimes.com/2012/apr/21/business/la-fi-mark-walter-20120422 Chicago financier Mark Walter, who will have a controlling stake in the Dodgers if his group's deal goes through, avoids the spotlight.]</ref><ref>[http://www.thegazette.com/2012/05/11/from-cedar-rapids-to-owning-the-l-a-dodgers-mark-walter-moves-quietly Mark Walter moves quietly and effectively - Former Jefferson High classmates recall him as smart, driven, quiet, friendly]</ref><ref>[http://www.foxsports.com/mlb/story/los-angeles-dodgers-yasiel-puig-trade-rumors-chemistry-front-office-mark-walter-071715 Mark Walters believes in Yasiel Puig in July 2015]</ref> [[Billie Jean King]] and her partner [[Ilana Kloss]] joined the Los Angeles Dodgers ownership group in 2018.<ref>{{Cite web|url=https://www.espn.com/mlb/story/_/id/24745993/billie-jean-king-joins-los-angeles-dodgers-ownership-group|title=Dodgers welcome 'trailblazing' Billie Jean King, partner to ownership group|date=September 20, 2018|website=ESPN|archive-url=|archive-date=|access-date=}}</ref> Entrepreneurs [[Alan Smolinisky]] and Robert L. Plummer joined the ownership group in September 2019.<ref>{{Cite news| url =https://www.mlb.com/dodgers/news/robert-plummer-alan-smolinisky-join-dodgers-ownership-group)|title=Plummer, Smolinisky join Dodgers' ownership |work=MLB.com |date = September 19, 2019}}</ref><ref>{{Cite news| url =https://www.wsj.com/articles/los-angeles-dodgers-add-two-entrepreneurs-to-ownership-team-11568936324|title=Los Angeles Dodgers Add Two Entrepreneurs to Ownership Team |publisher=[[The Wall Street Journal]] |date = September 19, 2019}}</ref><ref>{{Cite news| url =https://twitter.com/ramonashelburne/status/1174823944643198983|title=The Los Angeles Dodgers ownership group has added two new limited partners in businessmen Robert L. Plummer and Alan Smolinisky |publisher=[[Twitter]] |date = September 19, 2019}}</ref>
On May 1, 2012, Walter helped lead [[Guggenheim Baseball Management]], a private partnership formed in 2011 to acquire the [[Los Angeles Dodgers]], in the successful purchase of the storied baseball franchise for $2.15 billion. His partners in Guggenheim Baseball Management include [[Peter Guber]], [[Earvin “Magic” Johnson]], [[Stan Kasten]], [[Todd Boehly]], and [[Bobby Patton]].<ref>[http://www.laweekly.com/news/who-is-dodgers-owner-mark-walter-and-where-did-he-get-all-that-money-6120682 Introduce Mark Walter - new Dodgers owners and chairman]</ref><ref>[https://www.forbes.com/profile/mark-walter/ $2.2B Mark Walter Forbes profile - new Dodgers owners and chairman from Chicago (Creighton University; Doctor of Jurisprudence, Northwestern University)]</ref><ref>[http://losangeles.dodgers.mlb.com/la/community/executives/walter.html Mark Walter MLB Biography - controlling owner of the Los Angeles Dodgers]</ref><ref>[https://www.latimes.com/sports/la-xpm-2012-apr-21-la-fi-mark-walter-20120422-story.html Chicago financier Mark Walter, who will have a controlling stake in the Dodgers if his group's deal goes through, avoids the spotlight.]</ref><ref>[http://www.thegazette.com/2012/05/11/from-cedar-rapids-to-owning-the-l-a-dodgers-mark-walter-moves-quietly Mark Walter moves quietly and effectively - Former Jefferson High classmates recall him as smart, driven, quiet, friendly]</ref><ref>[http://www.foxsports.com/mlb/story/los-angeles-dodgers-yasiel-puig-trade-rumors-chemistry-front-office-mark-walter-071715 Mark Walters believes in Yasiel Puig in July 2015]</ref> [[Billie Jean King]] and her partner [[Ilana Kloss]] joined the Los Angeles Dodgers ownership group in 2018.<ref>{{Cite web|url=https://www.espn.com/mlb/story/_/id/24745993/billie-jean-king-joins-los-angeles-dodgers-ownership-group|title=Dodgers welcome 'trailblazing' Billie Jean King, partner to ownership group|date=September 20, 2018|website=ESPN|access-date=}}</ref> Entrepreneurs [[Alan Smolinisky]] and Robert L. Plummer joined the ownership group in September 2019.<ref>{{Cite news| url =https://www.mlb.com/dodgers/news/robert-plummer-alan-smolinisky-join-dodgers-ownership-group)|title=Plummer, Smolinisky join Dodgers' ownership |work=MLB.com |date = September 19, 2019}}</ref><ref>{{Cite news| url =https://www.wsj.com/articles/los-angeles-dodgers-add-two-entrepreneurs-to-ownership-team-11568936324|title=Los Angeles Dodgers Add Two Entrepreneurs to Ownership Team |publisher=[[The Wall Street Journal]] |date = September 19, 2019}}</ref><ref>{{Cite news| url =https://twitter.com/ramonashelburne/status/1174823944643198983|title=The Los Angeles Dodgers ownership group has added two new limited partners in businessmen Robert L. Plummer and Alan Smolinisky |publisher=[[Twitter]] |date = September 19, 2019}}</ref>


On December 10, 2012, in its annual survey of the "50 Most Influential People in Sports Business," the ''[[SportsBusiness Journal]]'' named Walter the 8th most influential person in sports business due to the historic Dodgers purchase.<ref>{{Cite web|date=December 10, 2012|title=50 Most Influential: 2-10|url=https://www.sportsbusinessdaily.com:443/Journal/Issues/2012/12/10/Most%20Influential/2%20through%2010.aspx|access-date=October 26, 2020|website=www.sportsbusinessdaily.com|language=en}}</ref>
On December 10, 2012, in its annual survey of the "50 Most Influential People in Sports Business," the ''[[SportsBusiness Journal]]'' named Walter the 8th most influential person in sports business due to the historic Dodgers purchase.<ref>{{Cite web|date=December 10, 2012|title=50 Most Influential: 2-10|url=https://www.sportsbusinessdaily.com:443/Journal/Issues/2012/12/10/Most%20Influential/2%20through%2010.aspx|access-date=October 26, 2020|website=www.sportsbusinessdaily.com|language=en}}</ref>
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He later joined the bid led by his partner Boehly to buy the English football club [[Chelsea F.C.|Chelsea]] in April 2022.<ref>{{Cite web |last=Kim |first=Lisa |title=Billionaire Dodgers Owner Mark Walter Joins Boehly's Bid To Takeover Chelsea F.C. |url=https://www.forbes.com/sites/lisakim/2022/04/08/billionaire-dodgers-owner-mark-walter-joins-boehlys-bid-to-takeover-chelsea-fc/ |access-date=May 28, 2022 |website=Forbes |language=en}}</ref>
He later joined the bid led by his partner Boehly to buy the English football club [[Chelsea F.C.|Chelsea]] in April 2022.<ref>{{Cite web |last=Kim |first=Lisa |title=Billionaire Dodgers Owner Mark Walter Joins Boehly's Bid To Takeover Chelsea F.C. |url=https://www.forbes.com/sites/lisakim/2022/04/08/billionaire-dodgers-owner-mark-walter-joins-boehlys-bid-to-takeover-chelsea-fc/ |access-date=May 28, 2022 |website=Forbes |language=en}}</ref>


The 2018-19 PSA Squash World Championships presented by the Walter Family doubled the previous highest purse of $500,000 to $1 million. Each winner was guaranteed the largest paycheck in history. Mark and Kimbra Walter have contracted for four more $500,000 Windy City Opens and four more $1 million World Championships over the next eight years, through 2027.<ref>{{Cite web |last=Zug |first=James |title=$1 Million: Professional Squash Hits Milestone in Chicago |url=https://squashmagazine.com/2019/04/1-million-professional-squash-hits-milestone-in-chicago/ |access-date=April 3, 2019 |website=squashmagazine |date=April 3, 2019 |language=en}}</ref>
The 2018-19 [[Professional Squash Association|PSA]] [[World Squash Championships]] presented by the Walter Family doubled the previous highest purse of $500,000 to $1 million. Each winner was guaranteed the largest paycheck in history. Mark and Kimbra Walter have contracted for four more $500,000 Windy City Opens and four more $1 million World Championships over the next eight years, through 2027.<ref>{{Cite web |last=Zug |first=James |title=$1 Million: Professional Squash Hits Milestone in Chicago |url=https://squashmagazine.com/2019/04/1-million-professional-squash-hits-milestone-in-chicago/ |access-date=April 3, 2019 |website=squashmagazine |date=April 3, 2019 |language=en}}</ref>


===PWHL===
===PWHL===
On June 29, 2023, the Mark Walter Group and BJK Enterprises purchased the intellectual property and other key elements of the [[Premier Hockey Federation]] (PHF), a professional women's hockey league in the United States and Canada.<ref name="salvian20230630">{{cite news |last1=Salvian |first1=Hailey |title=What we know about the PHF shutdown, and more on the new pro women's hockey league |url=https://theathletic.com/4655207/2023/06/30/premier-hockey-federation-why-mark-walter/ |access-date=June 30, 2023 |work=[[The Athletic]] |date=June 30, 2023 |language=en|url-access=subscription}}</ref> Headed by Walter and [[Billie Jean King]], respectively, both businesses had entered a partnership with the [[Professional Women's Hockey Players Association]] (PWHPA) in May 2022, with the intent to create a new professional women's ice hockey league in North America.<ref name="salvian20220524">{{cite news |last1=Salvian |first1=Hailey |title=PWHPA, Billie Jean King considering new league: Source |url=https://theathletic.com/3490779/2022/05/24/pwhpa-billie-jean-king-enterprises-exploring-starting-womens-hockey-league-source/ |access-date=June 30, 2023 |work=[[The Athletic]] |date=May 24, 2022 |language=en |url-access=subscription}}</ref> The buyout changed the landscape in North American women's professional hockey, as it resulted in a single league, the [[Professional Women's Hockey League]], with stakeholders from both the PHF and PWHPA. The new league started in [[Toronto]] on January 1, 2024, with King performing the ceremonial puck drop.<ref name="PWHL 1stGame">{{cite news |last1=Donkin |first1=Karissa |title=New York shuts out Toronto in 1st PWHL game as Canada's Shelton leads the way |url=https://www.cbc.ca/sports/hockey/pwhl/pwhl-toronto-new-york-season-opener-recap-jan-1-1.7072109 |access-date= January 2, 2024 |work=CBC Sports |publisher=Canadian Broadcasting Corporation |date= January 1, 2024 |archive-url=https://web.archive.org/web/20240101203630/https://www.cbc.ca/sports/hockey/pwhl/pwhl-toronto-new-york-season-opener-recap-jan-1-1.7072109 |archive-date= January 1, 2024 |location=Toronto | url-status = live}}</ref> The Mark Walter Group owns the inaugural six teams.<ref name="phf-sale-espn">{{cite web |url=https://www.espn.com/nhl/story/_/id/37937093/premier-hockey-federation-sale-unite-women-hockey |title=Sources: Premier Hockey Federation sale could unite women's hockey |author=ESPN News Services |date=June 29, 2023 |website=ESPN.com |publisher=[[ESPN]] |access-date=June 30, 2023}}</ref><ref name="phf-sale-phf">{{cite press release |url=https://www.premierhockeyfederation.com/news/new-women-s-pro-hockey-league-to-launch-in-2024 |title=New Women's Pro Hockey League to Launch in 2024 |last=Krotz |first=Paul |date=June 30, 2023 |website=PremierHockeyFederation.com |publisher=[[Premier Hockey Federation]] |access-date=June 30, 2023 |quote=Initiative, led by Mark and Kimbra Walter, Billie Jean King has PWHPA and PHF support}}</ref>
On June 29, 2023, the Mark Walter Group and BJK Enterprises purchased the intellectual property and other key elements of the [[Premier Hockey Federation]] (PHF), a professional women's hockey league in the United States and Canada.<ref name="salvian20230630">{{cite news |last1=Salvian |first1=Hailey |title=What we know about the PHF shutdown, and more on the new pro women's hockey league |url=https://theathletic.com/4655207/2023/06/30/premier-hockey-federation-why-mark-walter/ |access-date=June 30, 2023 |work=[[The Athletic]] |date=June 30, 2023 |language=en|url-access=subscription}}</ref> Headed by Walter and [[Billie Jean King]], respectively, both businesses had entered a partnership with the [[Professional Women's Hockey Players Association]] (PWHPA) in May 2022, with the intent to create a new professional women's ice hockey league in North America.<ref name="salvian20220524">{{cite news |last1=Salvian |first1=Hailey |title=PWHPA, Billie Jean King considering new league: Source |url=https://theathletic.com/3490779/2022/05/24/pwhpa-billie-jean-king-enterprises-exploring-starting-womens-hockey-league-source/ |access-date=June 30, 2023 |work=[[The Athletic]] |date=May 24, 2022 |language=en |url-access=subscription}}</ref> The buyout changed the landscape in North American women's professional hockey, as it resulted in a single league, the [[Professional Women's Hockey League]], with stakeholders from both the PHF and PWHPA. The new league started in [[Toronto]] on January 1, 2024, with King performing the ceremonial puck drop.<ref name="PWHL 1stGame">{{cite news |last1=Donkin |first1=Karissa |title=New York shuts out Toronto in 1st PWHL game as Canada's Shelton leads the way |url=https://www.cbc.ca/sports/hockey/pwhl/pwhl-toronto-new-york-season-opener-recap-jan-1-1.7072109 |access-date= January 2, 2024 |work=CBC Sports |publisher=Canadian Broadcasting Corporation |date= January 1, 2024 |archive-url=https://web.archive.org/web/20240101203630/https://www.cbc.ca/sports/hockey/pwhl/pwhl-toronto-new-york-season-opener-recap-jan-1-1.7072109 |archive-date= January 1, 2024 |location=Toronto | url-status = live}}</ref> The Mark Walter Group owns the inaugural six teams.<ref name="phf-sale-espn">{{cite web |url=https://www.espn.com/nhl/story/_/id/37937093/premier-hockey-federation-sale-unite-women-hockey |title=Sources: Premier Hockey Federation sale could unite women's hockey |author=ESPN News Services |date=June 29, 2023 |website=ESPN.com |publisher=[[ESPN]] |access-date=June 30, 2023}}</ref><ref name="phf-sale-phf">{{cite press release |url=https://www.premierhockeyfederation.com/news/new-women-s-pro-hockey-league-to-launch-in-2024 |title=New Women's Pro Hockey League to Launch in 2024 |last=Krotz |first=Paul |date=June 30, 2023 |website=PremierHockeyFederation.com |publisher=[[Premier Hockey Federation]] |access-date=June 30, 2023 |quote=Initiative, led by Mark and Kimbra Walter, Billie Jean King has PWHPA and PHF support}}</ref> The league's championship trophy, the [[Walter Cup]], is named after Mark Walter and his wife, Kimbra.<ref name="cup">{{cite web |url=https://www.thepwhl.com/en/professional-womens-hockey-league-pwhl-introduces-the-walter-cup-as-its-championship-trophy |title=Professional Women's Hockey League (PWHL) Introduces the Water Cup as its Championship Trophy |access-date=April 5, 2024}}</ref>


==See also==
==See also==

Latest revision as of 07:41, 15 August 2024

Mark Walter
Born (1960-01-01) January 1, 1960 (age 64)
Cedar Rapids, Iowa, U.S.
Alma materCreighton University (B.A.)
Northwestern University (J.D.)
OccupationBusinessman
Known forOwner of Chelsea
Chairman of Los Angeles Dodgers
Owner of Professional Women’s Hockey League
SpouseKimbra Walter

Mark Walter is an American businessman and the chief executive officer of Guggenheim Partners, a privately held global financial services firm with more than $325 billion in assets under management and headquarters in Chicago and New York. He is also the part-owner and chairman of the Major League Baseball franchise Los Angeles Dodgers and co-owner of Premier League club Chelsea.[1] He also owns the Professional Women's Hockey League (PWHL).

Early life and education

[edit]

Mark Walter is a Cedar Rapids, Iowa, native and graduate of Cedar Rapids Jefferson High School. He attended Creighton University before earning his Juris Doctor degree at Northwestern University.[1]

Business History

[edit]

In 1996, he co-founded the Liberty Hampshire Company, LLC with Steven E. Johnson, in Chicago.[2] In 2000, he helped found Guggenheim Partners and serves as its CEO.[3]

According to Forbes, Walter has personal stakes in Beyond Meat and Carvana.[1] In 2021, it was reported that Walter had purchased numerous commercial and historic buildings in Crested Butte, Colorado for an unknown purpose.[4][5]

Walter also serves as a trustee or director of several organizations including the Solomon R. Guggenheim Foundation, which is named after the Guggenheim family,[6] Northwestern University and the Field Museum.[7] In 2011, Walter made a $30,800 contribution to the Democratic National Committee, as well as a $5,000 contribution to Obama for America.[8]

Los Angeles Dodgers and Sports Business

[edit]

On May 1, 2012, Walter helped lead Guggenheim Baseball Management, a private partnership formed in 2011 to acquire the Los Angeles Dodgers, in the successful purchase of the storied baseball franchise for $2.15 billion. His partners in Guggenheim Baseball Management include Peter Guber, Earvin “Magic” Johnson, Stan Kasten, Todd Boehly, and Bobby Patton.[9][10][11][12][13][14] Billie Jean King and her partner Ilana Kloss joined the Los Angeles Dodgers ownership group in 2018.[15] Entrepreneurs Alan Smolinisky and Robert L. Plummer joined the ownership group in September 2019.[16][17][18]

On December 10, 2012, in its annual survey of the "50 Most Influential People in Sports Business," the SportsBusiness Journal named Walter the 8th most influential person in sports business due to the historic Dodgers purchase.[19]

Walter and several of his partners also bought the Los Angeles Sparks basketball team in 2014.[20]

He later joined the bid led by his partner Boehly to buy the English football club Chelsea in April 2022.[21]

The 2018-19 PSA World Squash Championships presented by the Walter Family doubled the previous highest purse of $500,000 to $1 million. Each winner was guaranteed the largest paycheck in history. Mark and Kimbra Walter have contracted for four more $500,000 Windy City Opens and four more $1 million World Championships over the next eight years, through 2027.[22]

PWHL

[edit]

On June 29, 2023, the Mark Walter Group and BJK Enterprises purchased the intellectual property and other key elements of the Premier Hockey Federation (PHF), a professional women's hockey league in the United States and Canada.[23] Headed by Walter and Billie Jean King, respectively, both businesses had entered a partnership with the Professional Women's Hockey Players Association (PWHPA) in May 2022, with the intent to create a new professional women's ice hockey league in North America.[24] The buyout changed the landscape in North American women's professional hockey, as it resulted in a single league, the Professional Women's Hockey League, with stakeholders from both the PHF and PWHPA. The new league started in Toronto on January 1, 2024, with King performing the ceremonial puck drop.[25] The Mark Walter Group owns the inaugural six teams.[26][27] The league's championship trophy, the Walter Cup, is named after Mark Walter and his wife, Kimbra.[28]

See also

[edit]

References

[edit]
  1. ^ a b c "Mark Walter". Forbes. Retrieved September 3, 2021.
  2. ^ "Liberty Hampshire Co LLC/The - Company Profile and News". Bloomberg.com. Retrieved October 26, 2020.
  3. ^ "Who Is Dodgers Owner Mark Walter And Where Did He Get All That Money".
  4. ^ Hitt, Tarpley (May 2, 2021). "Billionaire Is Buying Up Small Colorado Town—and Locals Are Freaked". The Daily Beast. Retrieved July 29, 2022.
  5. ^ Blevins, Jason (April 9, 2021). "Mark Walter, who owns the Los Angeles Dodgers, is buying up Crested Butte's downtown buildings". Colorado Sun.
  6. ^ "New Dodgers owner's ties to one of America's old money families". Los Angeles Times. March 28, 2012. Retrieved July 29, 2022.
  7. ^ "MARK WALTER". Los Angeles Business Journal. May 19, 2019. Retrieved July 29, 2022.
  8. ^ Christensen, Kim (April 21, 2012). "What kind of man is Dodgers' next owner?". Los Angeles Times. Retrieved August 4, 2022.
  9. ^ Introduce Mark Walter - new Dodgers owners and chairman
  10. ^ $2.2B Mark Walter Forbes profile - new Dodgers owners and chairman from Chicago (Creighton University; Doctor of Jurisprudence, Northwestern University)
  11. ^ Mark Walter MLB Biography - controlling owner of the Los Angeles Dodgers
  12. ^ Chicago financier Mark Walter, who will have a controlling stake in the Dodgers if his group's deal goes through, avoids the spotlight.
  13. ^ Mark Walter moves quietly and effectively - Former Jefferson High classmates recall him as smart, driven, quiet, friendly
  14. ^ Mark Walters believes in Yasiel Puig in July 2015
  15. ^ "Dodgers welcome 'trailblazing' Billie Jean King, partner to ownership group". ESPN. September 20, 2018.
  16. ^ "Plummer, Smolinisky join Dodgers' ownership". MLB.com. September 19, 2019.
  17. ^ "Los Angeles Dodgers Add Two Entrepreneurs to Ownership Team". The Wall Street Journal. September 19, 2019.
  18. ^ "The Los Angeles Dodgers ownership group has added two new limited partners in businessmen Robert L. Plummer and Alan Smolinisky". Twitter. September 19, 2019.
  19. ^ "50 Most Influential: 2-10". www.sportsbusinessdaily.com. December 10, 2012. Retrieved October 26, 2020.
  20. ^ "Sparks bought by investment group led by Magic Johnson and Mark Walter". Los Angeles Times. February 4, 2014.
  21. ^ Kim, Lisa. "Billionaire Dodgers Owner Mark Walter Joins Boehly's Bid To Takeover Chelsea F.C." Forbes. Retrieved May 28, 2022.
  22. ^ Zug, James (April 3, 2019). "$1 Million: Professional Squash Hits Milestone in Chicago". squashmagazine. Retrieved April 3, 2019.
  23. ^ Salvian, Hailey (June 30, 2023). "What we know about the PHF shutdown, and more on the new pro women's hockey league". The Athletic. Retrieved June 30, 2023.
  24. ^ Salvian, Hailey (May 24, 2022). "PWHPA, Billie Jean King considering new league: Source". The Athletic. Retrieved June 30, 2023.
  25. ^ Donkin, Karissa (January 1, 2024). "New York shuts out Toronto in 1st PWHL game as Canada's Shelton leads the way". CBC Sports. Toronto: Canadian Broadcasting Corporation. Archived from the original on January 1, 2024. Retrieved January 2, 2024.
  26. ^ ESPN News Services (June 29, 2023). "Sources: Premier Hockey Federation sale could unite women's hockey". ESPN.com. ESPN. Retrieved June 30, 2023.
  27. ^ Krotz, Paul (June 30, 2023). "New Women's Pro Hockey League to Launch in 2024". PremierHockeyFederation.com (Press release). Premier Hockey Federation. Retrieved June 30, 2023. Initiative, led by Mark and Kimbra Walter, Billie Jean King has PWHPA and PHF support
  28. ^ "Professional Women's Hockey League (PWHL) Introduces the Water Cup as its Championship Trophy". Retrieved April 5, 2024.
[edit]
Business positions
Preceded by Chairman of the Los Angeles Dodgers
2012–present 		Succeeded by
Incumbent
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