Walter uses sports to advertise his insurance companies, particularly TWG Global subsidiary Gainbridge, headquartered in
Zionsville, Indiana. It has sponsored racing team
Andretti Global since 2018 and the
Indianapolis 500. It also signed Fever basketball player
Caitlin Clark as a brand ambassador in 2024.
Los Angeles Dodgers Walter owns 27% of the
Los Angeles Dodgers baseball team. using cash from Guggenheim's investments in insurance and
annuities. Walter and his partner investors provided collateral to the insurers, including Dodgers shares, Walter's stake in Carvana, and various
Wendy's hamburger franchises. His personal contribution was reportedly $100 million, with Guggenheim Partners-related businesses contributing another $1.213 billion. The precise amount from insurance companies has been disputed, with
The Wall Street Journal estimating a contribution of "at least $300 million" Guggenheim's investments in sports have been questioned by industry commentators as riskier investments than insurance. After insurers reportedly contributed at least $300 million to the Dodgers' bid, government regulators investigated the arrangement but declined to take further action. the team became baseball's "most perennially competitive team" and won the World Series in
2020,
2024 and
2025. Less than a year after Guggenheim bought the team, the Dodgers signed a television deal that increased their payroll. In 2014, Walter joined
David Geffen,
Oprah Winfrey, and
Larry Ellison's unsuccessful bid for the
Los Angeles Clippers, which eventually went to
Steve Ballmer. He has credited Johnson with giving him the idea to "save the Sparks" and to keep them in Los Angeles. Walter had previously led a consortium that bid for
Anschutz Entertainment Group, though Anschutz ultimately decided to keep the company.
European football Walter owns 12.7% of
BlueCo, but does not play an active role in day-to-day operations. The purchase ended the PWHPA's boycott of the PHF, which the PWHPA was pressuring to invest more in the sport. Walter invested in the league which began play in 2024. The Mark Walter Group owns the inaugural six teams. The league's
championship trophy is named after Walter and his wife. ==Personal life==