Junior Bridgeman Buying 10% Milwaukee Bucks Stake
Basketball veteran and entrepreneur Junior Bridgeman is buying part of the team he played for, reaching an agreement to acquire a 10% ownership stake of the Milwaukee…
Owners
Five Questions (and Answers) About the NFL and Private Equity
NFL owners are scheduled to vote later Tuesday on whether or not to allow private equity firms to buy into teams. The possible entry of PE firms into the world’s most…
Who Are the Dallas Mavs’ Owners, the Adelsons and Dumonts?
While Mark Cuban still owns 27% of the NBA’s Dallas Mavericks and manages basketball operations, the families in charge of the Las Vegas Sands casino company have been…
Ehrenberg Seeks Reward Going Big in Early-Stage Sports VC
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. Most people would consider Roger…
Super Bowl Champion Chiefs Get F for Ownership in NFLPA Grades
The NFL Players Association (NFLPA) has released its 2024 NFL Player Team Report Cards. Some notable teams finished with failing grades in several areas, but the most…
Man United Stock Pops as Glazers Consider Selling Club, Ronaldo Departs
The Glazer family is considering selling Manchester United, potentially adding another iconic soccer team to the market after the sale of Chelsea in May and the recent…
Exclusive
Sue Bird, Eli Manning Join Gotham FC Ownership at Record $40M ValuationÂ
Sue Bird and Eli Manning have joined the ownership group of NWSL club NJ/NY Gotham FC, investing at a $40 million valuation, according to three people familiar with the…
Exclusive
NBA Kings Owner Vivek Ranadivé Prepping a Run at Chelsea
Sacramento Kings owner and technology mogul Vivek Ranadivé is readying a bid for Chelsea F.C., the English soccer team put up for sale by Russian billionaire Roman…
WNBA Eyes Growth After Record $75 Million Raise at $1B Valuation
The WNBA has closed on $75 million in funding that values the league and its teams at $1 billion, according to people familiar with the raise. The league said it is the…
Sophisticated Owners Seek Results On and Off the Field
Today’s guest columnist is Steve Horowitz, the co-founder of Inner Circle Sports. There is an old joke that goes, “If you want to become a millionaire, be a billionaire…
Steve Cohen Approved as New York Mets’ New Owner, de Blasio Supports
It’s official: Steve Cohen owns the New York Mets. MLB owners approved the hedge fund titan’s purchase of the team from the Katz and Wilpon families, league officials…
SPAC Recap: Sports-Related Investors Continue to March to Market
Even with all the major North America sports leagues playing, team owners probably have part of their attention cast on the stock market. That’s because at least eight…
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