#team-valuation

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#sports-business #nfl #pittsburgh-penguins #fenway-sports-group #nhl-ownership #playoff-drought #minnesota-twins
fromPuck Prose
2 weeks ago

Ownership Change: Fenway Sports Group to sell the Pittsburgh Penguins

When the Penguins were sold in 2021 to Fenway Sports Group, the sale was for around $900 million. The asking price for FSG's prospective transaction could stand at around $1.8 billion USD, which would be double the amount that the company paid to acquire ownership of the team. The increase in value comes as the Penguins' ongoing postseason drought has surpassed three seasons; their last playoff appearance, a seven-game first-round loss to the New York Rangers, came in the 2021-22 season.
National Hockey League
Major League Baseball
fromMLB Trade Rumors
3 weeks ago

Twins Introduce New Minority Owners; Tom Pohlad Named Team's New Control Person

The Pohlad family added three MLB-approved minority owners, cleared nearly $500M in debt, and shifted team oversight from Joe Pohlad to Tom Pohlad.
Business
fromBoston.com
3 months ago

Robert Kraft is reportedly selling a minority stake in the Patriots

Robert Kraft will sell eight percent of the New England Patriots, with 3% to Sixth Street and 5% to Dean Metropoulos, while retaining control.
National Basketball Association
fromBusiness Insider
3 months ago

How the Golden State Valkyries became WNBA's powerhouse franchise in its first season

Golden State Valkyries valued at $500 million after record ticket demand, packed arenas, on-court success, strong branding, strategic partnerships, and supportive ownership.
New York Giants
fromESPN.com
4 months ago

Reports: Koch family to buy 10% stake in Giants

Koch family agreed to purchase a 10% stake in the New York Giants at a $10 billion valuation, pending NFL owners' approval.
Los Angeles Rams
fromLos Angeles Times
4 months ago

How did the Rams become L.A.'s most valuable sports franchise, soaring past $10 billion?

The St. Louis Rams transformed into a $10.43 billion franchise by relocating to Los Angeles and building SoFi Stadium.
fromBluebird Banter
6 months ago

Wednesday Bantering: Jays Bits

Myles Straw's ankle sprain isn't severe, likely keeping him off for a short term, with Jonatan Clase available as backup and pitching adjustments being made if needed.
LA Dodgers
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