NBA teams

PE ownership in NFL teams is coming, Washington Commanders owner says

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PE ownership in NFL teams is coming, Washington Commanders owner says

Josh Harris poses for a photo during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024.  Shannon Finney | CNBC In 2023, private-equity investor Josh Harris headed a group that paid $6.05 billion for the Washington Commanders, which still stands as not only the most money spent to purchase an NFL … Read more

Minnesota Timberwolves sale to A-Rod and Marc Lore falls apart

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Minnesota Timberwolves sale to A-Rod and Marc Lore falls apart

Co-owners Alex Rodriguez, right, and Marc Lore of the Minnesota Timberwolves during a game against the Los Angeles Lakers at Target Center Minneapolis, Minnesota, on Dec. 30, 2023. David Berding | Getty Images Sport | Getty Images The National Basketball Association’s Minnesota Timberwolves and the Women’s National Basketball Association’s Lynx are no longer for sale … Read more