Team Sales
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David Blitzer, Main Street Join $50 Million Purchase of MotoGP Team
David Blitzer’s Bolt Ventures and Main Street Advisors, a fund affiliated with NBA star LeBron James, are…
NHL’s Penguins Sold to Hoffmann Family for $1.7 Billion
Fenway Sports Group has reached a definitive agreement to sell the NHL’s Pittsburgh Penguins to the Hoffmann…
NBA Owners Vote to Loosen Private Equity Restrictions
NBA owners have loosened their rules governing private equity backers, according to multiple people familiar…
Qatari Fund, Arctos Buy Powell Jobs’ Monumental Sports Stake
Qatari sovereign wealth fund QIA is increasing its investment in the parent company of the Washington Wizards…
David Beckham: MLS Once Offered $50M for Expansion Team Option
(Update: Beckham’s Inter Miami won the MLS Cup with a 3-1 victory over the Vancouver Whitecaps on Saturday…
Club Sportico: Real Madrid Preps Largest Deal in Soccer History
This week’s Club Sportico essay sets the table for a potentially historic meeting in Madrid on Sunday, where…
Club Sportico: The Padres Are Testing the Waters
This week’s Club Sportico essay looks at the looming sale of the San Diego Padres, which comes amid growing…
San Diego Padres Owners Test Market for Team Sale, Hire Bank
The Seidler family has hired boutique investment bank BDT & MSD Partners to explore a potential sale of the…
The NWSL Has Secured Nearly $400M in Expansion Fees Since 2023
The NWSL has secured nearly $400 million in expansion fees over the last three years, following the addition…
Toto Wolff Nears Sale of Partial F1 Mercedes Stake at Record $6B Value
Mercedes Formula 1 boss Toto Wolff is in advanced talks to sell part of his 33% stake in the team at a $6…
Apollo Buys Atlético Madrid for $2.55 Billion
Apollo Sports Capital, the sports investment arm of alternative asset manager Apollo, has bought majority…
Sounders Tap Moelis to Sell First Major Stake Since 2009
The Seattle Sounders are seeking outside investors for the first time since the club joined MLS in…
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