Overview

• The Larry H. Miller Co. has finalized a $600 million purchase of Real Salt Lake and the Utah Royals, marking the return of local ownership to the franchises.
• David Blitzer, who acquired Real Salt Lake in 2022, will transition to a minority ownership role following the sale.
• Ryan Smith and the Smith Entertainment Group have sold their minority stake in the teams, citing a focus on NBA and NHL ventures.
• The acquisition includes control of America First Field, the RSL Academy in Herriman, and the Real Monarchs, consolidating key assets under unified ownership.
• A formal announcement of the deal is expected soon, with the Millers poised to assume operational decision-making for the clubs.