Should Los Angeles Dodgers be worried about investigation into owner?

The Los Angeles Dodgers face an off-field cloud as the FBI seized a phone from owner Mark Walter last year, according to Bloomberg, amid a U.S. prosecutors’ financial investigation. Attorney Robbin Itkin, who previously represented Dodgers season-ticket holders after the franchise’s bankruptcy under Frank McCourt, said he doesn’t know how the probe could affect the team. The investigation targets potential financial improprieties at two insurance companies controlled by Walter and at Guggenheim Partners, which bought the Dodgers in 2012 for a then-record $2.15 billion. Walter later bought a controlling stake in the Los Angeles Lakers and also owns Chelsea and a women’s hockey league. The article sets the concerns against previous Los Angeles ownership sagas, including McCourt’s case.