Business ❯ Finance ❯ Investments ❯ Sports Investments

Franchise Sales

FSG Agrees in Principle to Sell Pittsburgh Penguins to Hoffmann Family

The pending deal underscores soaring NHL franchise valuations.

Mark Walter Finalizes $10 Billion Purchase of Lakers After Unanimous NBA Approval

NBA Approves $10 Billion Lakers Sale to Mark Walter

Adar Poonawalla Signals Interest as Reports Say Diageo Shops RCB at $2 Billion

Allen Estate Signs Deal to Sell Trail Blazers to Tom Dundon–Led Group

Dundon-Led Group Agrees to Buy Trail Blazers for Over $4 Billion

Celtics $6.1 Billion Sale Poised to Close Within Two Weeks

Haslam Sports Group Sells 10% Stake in Columbus Crew at $900 Million Valuation

NBA Governors Approve $1.5 Billion Sale of Timberwolves and Lynx

Mark Walter to Acquire Majority Stake in Lakers in Record $10 Billion Deal