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A loan portfolio estimated at between $16 billion and $20 billion across various reports sits at the center of a federal investigation into insurance companies controlled by Los Angeles Dodgers co-owner Mark Walter.
Federal investigators are examining whether two Walter-controlled insurers directed investor funds into private-credit deals, some of which went to businesses also under Walter's ownership, and whether disclosures to investors were complete.
The contracts, deferrals, and revenue base that actually fund the Dodgers' roster are on a separate legal and financial track.
The deferral mechanics MLB already requires Under league rules, teams must place the present value of any deferred compensation into designated accounts within roughly two years of the season in which the money was earned.
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