Professional Women's Hockey League not for sale as co-founder Mark Walter is investigated

Professional Women's Hockey League not for sale as co-founder Mark Walter is investigated

Stan Kasten, a member of the PWHL's advisory board, confirmed the governance of the 12-team league would remain stable even as co-founder Mark Walter appears to be selling off pieces of his sports empire amid U.S. federal investigations into loans between his insurance companies and businesses with ties to Walter.

PWHL owner Mark Walter is under investigation

If you've been following the PWHL's rapid rise over the last few seasons, you know the league has been on an absolute tear. Expansion to 12 teams, growing fanbases, and legitimate momentum toward becoming a major professional sports property. But behind the scenes, the financial picture surrounding the league's co-founder has gotten a whole lot murkier, and it's raising some uncomfortable questions about what comes next.Federal Investigations an…