• Loading stock data...
Thursday, October 23, 2025

Arctos Adds Another NBA Team to Expanding Sports Portfolio

  • Arctos Sports Partners is investing in the Utah Jazz.
  • Smith Entertainment Group bought the Jazz in 2020.
Utah-Jazz
Troy Taormina-USA TODAY Sports

Arctos Sports Partners is investing in the Utah Jazz through a deal with Smith Entertainment Group.

Pending approval from SEG’s board of governors, the agreement — which, according to NBA regulations, has to be more than 1% — gives Arctos minority stakes in several teams in SEG’s portfolio.

  • SEG and David Blitzer purchased Real Salt Lake of MLS in January for a reported $400 million, with Arctos joining as a limited partner.
  • SEG founder Ryan Smith purchased the Utah Jazz in October 2020 for a reported $1.66 billion. The team is now worth an estimated $1.78 billion.

The agreement, which also includes Vivint Arena, comes with the “intention to bring a third professional sports franchise” to Utah.

When SEG invested in Real Salt Lake, it gained the option to bring back the NWSL’s Utah Royals FC. Earlier this year, NWSL commissioner Jessica Berman said the league will expand to 14 teams, likely by 2024.

Arctos Is Everywhere

Arctos has investments in more than 20 professional sports groups and franchises and was reportedly the first investment firm to offer private equity funding across MLB, MLS, the NBA, and the NHL. 

In the last year alone, Arctos has purchased stakes in NBA teams including Philadelphia 76ers owner Harris Blitzer Sports & Entertainment, the Golden State Warriors, and the Sacramento Kings.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

ESPN

‘Inside the NBA’ Keeps Irreverence Intact in ESPN Debut

The foursome were back together ahead of Wednesday’s doubleheader.
Oct 20, 2025; Toronto, Ontario, CAN; Toronto Blue Jays first baseman Vladimir Guerrero Jr. (27) celebrates after defeating the Seattle Mariners in game seven of the ALCS round for the 2025 MLB playoffs at Rogers Centre.

Blue Jays Game 7 Clincher Draws Record TV Audience

LCS viewership rises, with historic totals posted in Canada and Japan.
Tony Vitello

Tony Vitello’s Stunning MLB Jump Comes With $3M Tennessee Buyout

Vitello heads to San Francisco after winning a national championship in 2024.

Featured Today

Christie's

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
October 18, 2025

How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate

After beating LSU, Clark Lea said: “Internally, we expect to win.”
May 27, 2025; Indianapolis, Indiana, USA; Indiana Pacers guard T.J. McConnell (9) shoots a three point basket over New York Knicks guard Josh Hart (3) during the third quarter of game four of the eastern conference finals for the 2025 NBA Playoffs at Gainbridge Fieldhouse
October 18, 2025

NBA Stars Swap Wine With League Friends and Foes

A wine-exchange tradition emerged from the bubble season’s close quarters.
Louisville’s Miller Moss and several of his teammates stopped by Olympus Gaming Lounge to play EA Sports College Football 26 with fans for a meet and greet. July 11, 2025

Saudis, Silver Lake, Jared Kushner Take EA Private in $55B Deal

Electronic Arts makes “Madden,” “EA Sports College Football,” and more.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
Sponsored

Michelle Wie West: Women’s Sports Doesn’t Need Charity

The LPGA legend on redefining women’s sports and the future of golf.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.