Scott Soshnick

Tom Dundon is leading a group that is buying the Portland Trail Blazers. The group intends to keep the NBA franchise in Portland.

The Pohlad family will keep control of the Minnesota Twins after exploring a potential sale. Instead the team will bring on a few minority partners.

Adam Silver and Mark Tatum are in Europe this week talking to a wide range of stakeholders.

Dan Gilbert bought the Cavaliers in 2005 for $375 million. In December, Sportico valued the club at $3.95 billion in its NBA team valuations.

The Seattle Kraken were the NHL's last expansion team. Their $650 million fee will more than triple for the next teams when the league expands.

Rays owner Stu Sternberg is near a deal to sell the team to Jacksonville home builder Patrick Zalupski after struggling to build a new stadium.

Current NFL executives will divide the vast responsibilities of Brian Rolapp, who last week was named the first-ever CEO of the PGA Tour.

The PGA Tour launched a search in late 2024 for its first-ever CEO and zeroed in on longtime NFL exec Brian Rolapp for the role.

Excel Sports has retained Moelis & Co. to raise additional growth capital, a move that could include the sale of Shamrock Capital's minority stake.

ArcelorMittal CEO Aditya Mittal will likely be the second-largest stakeholder in the $6.1 billion William Chisholm-led purchase of the Boston Celtics.

The 49ers are selling roughly 6% of the NFL team to the Khosla, Griffith and Deeter families at a valuation higher than $8.5 billion.

Michael Strahan and Marc Lasry have teamed up to pursue a New York Giants investment. About 10% of the NFL team is on the market.

LIV Golf and the OWGR are seriously discussing LIV players securing World Rankings Points, making it easier for LIV golfers to qualify for the majors.

The NHL and Rogers have reached an agreement on a new 12-year Canadian TV agreement worth $11 billion CAD, or $7.7 billion in U.S. dollars.

NBA owners may vote on a proposal to launch a new European League basketball league, which would hold slots for top EuroLeague teams.

William Chisholm is buying the Boston Celtics for $6.1 billion. Sixth Street is providing financing for the group.

Eminem is part of the group looking to bring a WNBA expansion team back to Detroit. The group is led by Pistons owner Tom Gores.

Boston Celtics sale bids are due Friday, as Pagliuca and others mull next round offers. The club is worth $5.66 billion, according to Sportico.

KemperSports, operator of 140 golf courses, is seeking new capital for expansion and has discussed selling itself with at least one PE firm recently.

Liga MX teams will vote this week on investment from Apollo and the NFL, which is contingent on all clubs agreeing to pool their commercial rights.