With reports that Mark Walter is looking to sell his stake in Chelsea FC amid Lakers sale, Bill Simmons has questioned if that’s a bigger scandal than the Los Angeles Clippers controversy.
Mark Walter has become a huge name in sports in the past decade. Having led the Los Angeles Dodgers to overwhelming success as the owner, his involvement with the Lakers and Chelsea FC only boosted his profile further.
The NBA world is reeling from a bunch of high profile stories at the moment. The investigation into the Los Angeles Clippers circumventing the cap to pay Kawhi Leonard has been a big part of that.
However, with Walter flipping the Los Angeles Lakers within a year while dealing with a reported federal investigation himself, one of the biggest voices in the NBA thinks that might be a bigger story.
Bill Simmons makes ‘1/1000th as interesting’ claim while pointing to Mark Walter story being bigger than Clippers
Walter, along with Todd Boehly, has been a part-owner of Premier League soccer club Chelsea FC. Reports emerged recently that the duo are looking to sell their stake in Chelsea as well.
With the news of the Lakers being sold for $12.5 billion already out there, it would seem that Walter’s situation regarding his federal investigation is dire. And Bill Simmons thinks there is more to it.
“The Clippers story is 1/1000th as interesting as Mark Walter frantically selling his sports assets one by one right now,” Simmons wrote in a post on X.
The latest reports regarding Walter involve suggestions he used business he owns for loans to other businesses he owns, among other things.
If something big were to come out from that investigation, it would raise questions about the NBA’s due diligence in terms of owners buying their biggest franchises.
It is not wrong to suggest this might end up becoming a bigger story than everything that’s happening with the Clippers and Leonard.
Read more: