NHL Private Equity Ownership Rules: Can PE Own Stakes in Teams?
During the player lockout of 2005, Boston private equity banker Stephen Pagliuca had an audacious idea: His firm, Bain & Co., would buy the whole NHL puck, stick and…
ownership
SailGP Returns to New York Amid League-Wide Growth
SailGP, the sailing racing league featuring 10 identical F50 catamarans competing during each two-day event, returns to New York this weekend with the Mubadala New York…
NBA Private Equity Ownership Rules: Can PE Own Stakes in Teams?
The NBA, one of the fastest growing leagues in the world in terms of popularity, is also one of the most valuable. The average franchise is worth $4 billion, according…
NWSL Private Equity Rules: What Stake Can PE Have in Teams?
The National Women’s Soccer League, founded in 2012, is one of the youngest top-tier sports leagues in North America. But the NWSL is also one of the fastest-growing…
Kelce Brothers Take Stake in Ohio-Based Garage Beer
Kansas City Chiefs tight end Travis Kelce and recently retired Philadelphia Eagles offensive lineman Jason Kelce are now the largest investors in Garage Beer, a small…
Blue Owl NBA Fund Gets Commitment From Florida Investor Keith Stone
A financial services executive who made hundreds of millions of dollars selling a payments firm in recent years has committed to invest in the Blue Owl NBA fund…
Crypto’s Rebounding Crawley Town a Win Away From League One
UPDATE: Crawley Town completed its unlikely promotion quest Sunday with a 2-0 win over Crewe Alexandra. Crawley Town F.C. owner Preston Johnson has a lot at stake…
Candace Parker Teases Business Future in Retirement Post
WNBA legend Candace Parker announced her retirement from professional basketball via Instagram on Sunday afternoon and teased some details about an expanded future in…
Serena Williams Opens Door to WNBA Ownership
Tennis legend Serena Williams is open to the possibility of owning a WNBA team, she told CNN in an exclusive interview on the day of the WNBA Draft. “I absolutely…
Wrexham Owner McElhenney Launches Advisory, Production Biz
As Wrexham AFC continues its latest promotion push, club co-chairman Rob McElhenney announced Tuesday the creation of More Better Industries, an umbrella company above…
Exclusive
Theo Epstein Returns to Fenway Sports as Part Owner, Advisor
One-time Red Sox general manager Theo Epstein is returning to the organization, taking part ownership of Fenway Sports Group and joining in the role of senior advisor…
Best Of 2023
Caleb Williams Wants to Own an NFL Team. Here’s Why It Won’t Happen.
Lionel Messi’s deal with Inter Miami includes an ownership stake he’s expected to exercise after he’s done playing for the club. Mario Lemieux was…
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