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Sports Owners

All articles tagged with #sports owners

sports1 year ago

"New Ownership Brings Hope: Orioles Sale Vote Set for Wednesday"

The era of lousy sports owners in Washington may be coming to an end with the departure of Daniel M. Snyder and the passing of Peter G. Angelos. The new owner of the Commanders, Josh Harris, has made promising moves, bringing hope to fans. The Nationals are still under the Lerner family's ownership, but there's relief that Ted Leonsis didn't acquire the team. The potential change in ownership for the Orioles could also have implications for the Nationals. Overall, there's cautious optimism for brighter days ahead in Washington sports.

sports1 year ago

"PGA Tour Secures $3 Billion Investment Amid Strategic Sports Group Partnership"

The PGA Tour has struck a $3 billion deal with Strategic Sports Group, creating PGA Tour Enterprises and giving players access to over $1.5 billion as equity owners. The investment group, led by Fenway Sports Group and including owners of various pro sports franchises, aims to maximize revenue for players and enhance golf globally. The deal, unanimously approved by the PGA Tour board, also involves ongoing negotiations with the Saudi national wealth fund and aims to dismiss lawsuits involving LIV Golf, a rival league that has attracted prominent players.