Team Sales
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Magic Johnson Joins Josh Harris’ Bid for Washington Commanders
Earvin “Magic” Johnson has joined the bidding for the Washington Commanders as part of a group led by 76ers…
Michael Jordan in Talks to Sell Hornets to Plotkin-Led Group
Michael Jordan is in talks to sell a majority stake in the Charlotte Hornets, according to someone familiar…
Dude Perfect Buying Into Pickleball Team at $5M Valuation
Internet influencers Dude Perfect are investing into Major League Pickleball, according to founder Steve Kuhn…
NWSL’s Utah Royals Return as Jessica Gelman, Daryl Morey Invest
The Utah Royals are officially back, and with a handful of new investors. Kraft Analytics Group CEO…
NHL’s Senators Sale Draws 9 Bids, Some Topping $900 Million
Nine different groups submitted bids to buy the Ottawa Senators prior to this week’s deadline, with some…
Fashion Entrepreneur Adam Freede Invests in LAFC Following Buyouts
MadaLuxe Group CEO Adam Freede has purchased a minority stake in LAFC, the latest local entrepreneur to buy…
Marc Lasry to Sell Stake in Milwaukee Bucks to Jimmy, Dee Haslam
Marc Lasry has reached a deal to sell his roughly 25% stake in the Milwaukee Bucks to Jimmy and Dee Haslam…
STX Owner Jahm Najafi Reportedly Prepping $3.75B Bid for Tottenham
Jahm Najafi, the Iranian-American billionaire who owns STX Entertainment, is reportedly preparing a $3.75B…
Mat Ishbia Buys Control of Phoenix Suns at Record $4 Billion Valuation
Mat Ishbia has acquired a majority stake in the NBA’s Phoenix Suns in deal that values the team at an…
Dan Snyder Hires BofA to Explore Sale of Washington Commanders
Washington Commanders owner Dan Snyder has hired Bank of America to explore a sale of the NFL…
Sarver Retains Moelis & Co. to Sell Suns and WNBA’s Mercury
Suspended Phoenix Suns owner Robert Sarver said he has retained global investment bank Moelis and Co. to…
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