Team Sales
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Diamond Baseball Holdings to Buy White Sox Triple-A Team
The Charlotte Knights, the Triple-A affiliate of MLB’s Chicago White Sox, agreed on Tuesday to sell the team…
Kochs Paying $688M for Nets Stake, Cash Will Pay Down Owner Debt
Billionaire Julia Koch and her family are paying $688 million in cash for their 15% stake of BSE Global, the…
One Year Ago, Qatar Broke Into U.S. Team Sports. No One Followed
One year ago this week, Sportico reported that the Qatar Investment Authority (QIA) was investing in the…
Nets Parent BSE Global Valued at $6 Billion as Kochs Land 15% Stake
The parent of the Brooklyn Nets, New York Liberty and Barclays Center was assigned a post-money enterprise…
Sounders, Carlyle Close on $58M Deal for NWSL’s Seattle Reign
The Seattle Sounders and investment firm Carlyle have closed on their purchase of the Seattle Reign from OL…
Brewers Owner Attanasio, Chapus in Talks on 25% Benfica Stake
Crescent Capital managing partners Mark Attanasio and Jean-Marc Chapus are in talks to acquire about 25% of…
A-Rod, Lore Add Bloomberg to T-Wolves Group Ahead of Arbitration
Billionaire Mike Bloomberg has reached an agreement to join Alex Rodriguez and Marc Lore’s pursuit of the…
NFL Raises Debt Limit to $1.4 Billion for New Buyers
The NFL’s 32 owners approved an increase to the debt limit Wednesday at their spring meetings in Nashville…
Taylor Declines A-Rod, Lore’s ‘Loser Pays’ Offer In T-Wolves Arbitration
Alex Rodriguez and Marc Lore recently proposed to Glen Taylor that the loser of their battle over the…
Timberwolves Mediator Has Sports History, Including With Glen Taylor
The former judge overseeing mediation of the Minnesota Timberwolves ownership dispute has a long history with…
Wrexham Adds Club Necaxa Backers in Reciprocal Soccer Investment
Some of Club Necaxa’s backers purchased 5% of Wrexham AFC, the Welsh soccer team owned by actors Ryan…
Reynolds, McElhenney Bring Wrexham Playbook to Club Necaxa
Actors Ryan Reynolds and Rob McElhenney have purchased a minority stake in Mexican soccer team Club Necaxa, a…