A group led by private equity giant Sixth Street has closed on an NWSL expansion team in the San Francisco Bay Area, committing to a league-record $53 million expansion fee.
A group led by David Blitzer, co-owner of the Philadelphia 76ers and the New Jersey Devils, has reached an agreement to purchase MLS club Real Salt Lake for nearly $400 million, according to people familiar with the talks.
MSL acquires OrderMate POS business and partners with US based Taubman Capital to commence US growth strategy
Arctos Sports Partners has reached an agreement to buy a 17% stake in the Sacramento Kings in a deal that values the NBA franchise at $1.8 billion, according to people familiar with the transaction.
Former Georgetown University men’s basketball coach John Thompson III is now an owner of a cornhole sports company.
The first increment of the $1.5 billion sale of the Minnesota Timberwolves to e-commerce mogul Marc Lore and retired baseball star Alex Rodriguez has been formally approved by the NBA
Boutique investment bank Inner Circle Sports has spent two decades advising the buyers and sellers of pro sports teams, but the firm only expanded into sports technology and services advisory in 2015 following an internal pitch from Kyle Charters.