Delaware North Joins Seregh in ‘Trillion-Dollar’ Opportunity
Seregh founder and CEO Jonathan Fascitelli believes real estate around stadiums and arenas is a “trillion-dollar market opportunity.” His company now has new capital to…
Harris Blitzer Sports & Entertainment
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PGA Tour Boss Monahan Earned $23 Million in Total 2023 Comp
PGA Tour Commissioner Jay Monahan earned over $23 million in regular and deferred compensation in 2023, according to a copy of the golf league’s most recently-filed tax…
HBSE, Campbell’s Sign Marketing Deal for Commanders, Devils, 76ers
Harris Blitzer Sports & Entertainment has signed a multiyear marketing partnership with Campbell’s. The all-encompassing deal makes Campbell’s an official sponsor of…
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LIV Golf Hires 76ers CRO Katie O’Reilly for Executive Role
The June framework agreement between the PGA Tour and LIV Golf was supposed to spell the end of the Saudi-backed startup golf league. Apparently, no one told…
Seattle Sounders Add Three Investors to Ownership Group
The Seattle Sounders have expanded their cap table with three new families investing in the MLS club: Adam Selipsky, CEO of Amazon Web Services; Rick Cantu, CEO and…
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Arctos Makes Second Investment in 76ers, Devils at Higher Valuation
Arctos Sports Partners has purchased a larger stake in Harris Blitzer Sports & Entertainment, parent of the Philadelphia 76ers and New Jersey Devils, according to…
Harris Blitzer, Arctos Buying Into Joe Gibbs Racing
Harris Blitzer Sports and Entertainment, owner of the Philadelphia 76ers and New Jersey Devils, is taking a minority stake in Joe Gibbs Racing in a transaction that…
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New CBA Allows Increased Investment by Players Alongside Owners
The NBA and its players union reached an agreement on a new collective bargaining agreement this month that should ensure labor peace through the end of the decade. The…
Akshay Khanna Leaving StubHub to Run Jackpot’s U.S. Business
StubHub executive Akshay Khanna is leaving the ticket marketplace to become the CEO of North America—and first U.S employee—for online lottery company Jackpot. Khanna…
HBSE President Hugh Weber Leaving Sixers, Devils Parent
Hugh Weber is stepping down as president of Harris Blitzer Sports & Entertainment, the parent company of the Philadelphia 76ers, New Jersey Devils and Prudential…
Arctos Closes Investment Into Elevate Sports Ventures
Arctos Sports Partners has closed its investment into global consulting firm Elevate Sports Ventures, the latest addition to a rapidly growing portfolio of sports teams…
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Sixers Innovation Lab Launching New $25 Million VC Fund
Early-stage venture capital fund Sixers Innovation Lab is starting a second fund to invest primarily in business-to-business startups working in sports, media and…
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