Tag Archives: minority

Patriots agree to sell minority stake of team at a $9 billion valuation

Patriots agree to sell minority stake of team at a  billion valuation

The Patriots have become the latest team to agree to sell a minority stake of the franchise to outside investors. According to reports from Sportico and Sports Business Journal, they have agreed to sell eight percent of the franchise in a deal that will set the valuation of the overall franchise at over $9 billion. The Giants recently struck a …

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Chicago Bears valued at $8.9 billion in minority stake sale: Sources

Chicago Bears valued at .9 billion in minority stake sale: Sources

Tremaine Edmunds #49 of the Chicago Bears celebrates with teammates after making an interception during the second half against the Dallas Cowboys on September 21, 2025 at Soldier Field in Chicago, Illinois. Melissa Tamez | Icon Sportswire | Getty Images The National Football League’s finance committee approved the sale of 2.35% of the Chicago Bears to existing owners of the …

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Colorado House minority leader resigns amid fallout over picture secretly taken by former lawmaker

Colorado House minority leader resigns amid fallout over picture secretly taken by former lawmaker

Colorado’s Republican House minority leader resigned Monday, weeks after a scandal at the Colorado General Assembly regarding a state representative secretly taking a picture of another and sharing it with other lawmakers. Rose Pugliese announced her resignation as both House minority leader and state representative, effective Monday, “after much prayer and self-reflection,” in a letter to friends and supporters: “Your faith …

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Report: Clippers minority owner invested in failing Aspiration, days later Kawhi Leonard got late payment

Report: Clippers minority owner invested in failing Aspiration, days later Kawhi Leonard got late payment

On Wednesday, after a meeting with all the NBA owners, NBA Commissioner Adam Silver sounded cautious, patient and a little bit zen about the investigation into the Clippers trying to circumvent the salary cap with team sponsor Aspiration. “I’m a big believer in due process and fairness, and we need to now let the investigation run its course,” Silver said. …

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Aspiration paid Kawhi Leonard days after investment by Clippers’ minority owner: Report

Aspiration paid Kawhi Leonard days after investment by Clippers’ minority owner: Report

In December 2022, Aspiration, a San Francisco-based environmental firm, was running out of money. Employees, including executives, were laid off. Outgoing payments were on hold, including to the firm’s expensive endorsement partner, LA Clippers star Kawhi Leonard. That same month, according to the latest allegations made on the “Pablo Torre Finds Out” podcast that aired Thursday morning, Clippers minority owner …

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Connecticut proposal would see state take minority Sun stake

Connecticut proposal would see state take minority Sun stake

Alexa PhilippouSep 4, 2025, 01:18 PM ET Close Covers women’s college basketball and the WNBA Previously covered UConn and the WNBA Connecticut Sun for the Hartford Courant Stanford graduate and Baltimore native with further experience at the Dallas Morning News, Seattle Times and Cincinnati Enquirer The state of Connecticut has submitted a proposal that would keep the Sun in the …

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New York Giants Agree to Sell Minority Stake to Koch Family – Bloomberg.com

New York Giants Agree to Sell Minority Stake to Koch Family  Bloomberg.com Reports: Koch family to buy 10% stake in Giants  ESPN Koch family buying piece of the NFL’s New York Giants  Axios Giants sell minority stake to Koch family at record $10 billion valuation  New York Post NFL’s Giants to Sell Stake to Koch Family at Record $10B+ Valuation  Sportico.com Source link

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Connecticut Sun sold to group led by Celtics minority owner with intention of moving team to Boston: Reports

Connecticut Sun sold to group led by Celtics minority owner with intention of moving team to Boston: Reports

A group led by Boston Celtics minority owner Steve Pagliuca is purchasing the Connecticut Sun for a record $325 million and putting another $100 million towards a team-specific practice facility, with the intention of moving the team to Boston, according to multiple reports. The move could come as soon as the 2027 season, according to The Associated Press. News of the …

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