All articles tagged with #sports franchise
Originally Published 5 months ago — by KOMO
The NBA's recent expansion analysis has received a lukewarm response, with uncertainty surrounding the potential return of the Seattle Sonics and concerns about the Portland Trail Blazers' future and arena issues, leading to questions about the timeline and feasibility of expansion.
Originally Published 2 years ago — by The New York Times
The New England Patriots, once a struggling team, transformed into one of the most successful and valuable sports franchises in the world under the ownership of Robert K. Kraft and the leadership of coach Bill Belichick. Their two-decade run of success, which included six Super Bowl titles and a 76 percent regular-season win rate, elevated the team's brand to international recognition and a worth of approximately $7 billion, making them comparable to iconic sports franchises like the New York Yankees and the Dallas Cowboys.
Originally Published 2 years ago — by CBS Sports
Amazon founder Jeff Bezos is not currently planning to bid on the Washington Commanders, potentially clearing the way for a group led by Josh Harris to purchase the franchise. Three other billionaire-led groups have placed bids matching current owner Daniel Snyder's asking price of $6 billion, with Harris' group being the front-runner. NBA Hall of Famer Magic Johnson is part of Harris' ownership group and confirmed the bid's submission on "The Today Show."