David Rubenstein, co-founder of the Carlyle Group and owner of MLB’s Baltimore Orioles, was a guest speaker at Wednesday’s NBA board of governors meeting as part of a discussion owners had on the America 250 celebration. Kathy Behrens, the NBA’s president... See more
Carolina Hurricanes owner Tom Dundon has reached an agreement to sell 12.5% of the Carolina Hurricanes at a $2.66 billion valuation, according to multiple people familiar with the terms. The deal includes three new minority partners, said the people who w... See more
Marc Lasry’s Avenue Sports Fund has reached an agreement to invest $40 million into NWSL club North Carolina Courage at a $155 million pre-money valuation. The deal does not include a path to control, according to multiple people familiar with the deal wh... See more
The Miami Dolphins are adding a new limited partner to their ownership group at a record valuation for a publicly known minority transaction, according to multiple people familiar with the matter. Lin Bin, the co-founder and vice chairman of Chinese consu... See more
U.S. President Donald Trump has tapped New York Yankees president Randy Levine and Florida governor Ron DeSantis to lead a new commission to explore college sports reform, according to multiple people familiar with the plans.
The group will explore a pote... See more
