Sports Industry Must Bridge Gap to Tap Talents of Military Vets
Today’s guest columnist is John Abbamondi, CEO of BSE Global. This column is part of Sportico’s five-day series taking a look inside Joe Tsai’s and BSE Global’s sports…
ownership
RedBird Capital Buys Rajasthan Royals Stake as Cricket Streaming Booms
RedBird Capital is buying a 15% stake in the Rajasthan Royals, a founding club of the India Premier League of Twenty20 cricket. The deal is believed to be the first in…
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Club Necaxa Lands $1.5 Million Blockchain Ownership Sale
Club Necaxa has sold 1% of the Mexican soccer team for $1.5 million, using NFT technology. Necaxa co-owner Al Tylis said the winning bid came from North America…
Premier League Star Vardy Buys Stake in USL’s Rochester Rhinos
Leicester City striker Jamie Vardy has been named co-owner of the Rochester Rhinos, a United Soccer League team that has been on hiatus since 2017. The club, which was…
Liga MX Ownership Auction Leaves OpenSea for Best and Final NFT Bids
More than 400 people from at least 11 countries have registered their interest in purchasing an NFT from Necaxa that comes with 1% ownership of the Liga MX…
Club Necaxa Offering 1% Ownership Stake in June NFT Auction
Weeks after selling roughly half of the Liga MX franchise, Club Necaxa’s owners are now offering 1% of the team via a unique NFT auction this…
How to Buy a Sports Team: the Blueprint Behind the New Albany FireWolves
Some athletes go pro because of the money. Oliver Marti retired because of it. After playing lacrosse at Brown in the early…
Sports as a Service: How Ted Leonsis Built a Monumental Empire in D.C.
When Ted Leonsis bought the Washington Capitals, along with a minority stake in the Wizards, in 1999, reporter after reporter marveled at the same trait: his…
Atlanta Dream’s Loeffler Out After Sale to Real Estate Exec, Former WNBA Star
Larry Gottesdiener, chairman of real estate private equity firm Northland; former Dream star Renee Montgomery; and Northland president and COO Suzanne Abair have…
Atlanta Dream Co-Owner Loeffler Loses Senate Seat in Georgia Runoffs
Georgia Republican incumbent Sen. Kelly Loeffler, co-owner of the WNBA’s Atlanta Dream, lost her Senate seat in the state’s runoff special election on Tuesday to her…
NWSL’s Utah Royals Relocate to Kansas City After Sale to Woman-Led Ownership Group
The National Women’s Soccer League’s Utah Royals are relocating to Kansas City ahead of the 2021 season. The league’s board of governors approved the Missouri-based club…
Oladipo Buys Stake in Breakers as N.Z. Hoops Team Seeks NBA-Style Portfolio
As the Indiana Pacers mull what to do with All-Star shooting guard Victor Oladipo, the Maryland native has taken his business ventures to Middle-earth. Oladipo and his…
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