• Loading stock data...
Monday, May 20, 2024

David Blitzer Among Group in Talks to Buy MLS Club

  • David Blitzer is part of a group that is reportedly close to acquiring Real Salt Lake.
  • The MLS club is valued at $420 million.
Bill Streicher-USA TODAY Sports/Design: Alex Brooks

David Blitzer, co-owner of the Philadelphia 76ers and the New Jersey Devils, is part of a group that is reportedly close to acquiring MLS club Real Salt Lake, valued at $420 million. 

RSL has been on the market since September 2020 following a report of racist behavior by the current owner Dell Loy Hansen, who initially purchased a 49% stake in the club in 2009 from founder Dave Checketts. 

Four years later, Hansen acquired complete ownership of RSL and its properties, including Rio Tinto Stadium, for an undisclosed amount. 

Over the past year, MLS has seen changes in controlling ownership of several clubs.

  • In May, the Wilf family, owners of the Minnesota Vikings, agreed to purchase Orlando City SC, Orlando Pride, and its stadium for between $400 million and $450 million. 
  • The same month, Ted Segal — co-founder of Verance Capital — acquired majority ownership of Houston Dynamo FC for roughly $400 million. 

The purchase of RSL includes an option to bring an additional NWSL team back to Utah beginning in 2023, after Hansen put the Utah Royals up for sale with RSL. 

The Utah Royals were purchased by Angie and Chris Long, founders of Palmer Square Capital Management, in December 2020. The couple moved the team to Kansas — the Kansas City Current — as an expansion franchise prior to the 2021 NWSL season.

Copy Link
Link Copied
Link Copied

What to Read

Is There a Sneakerhead Culture for Soccer Jerseys? PE Firm Thinks So

The Chernin Group invests $38.5 million in a U.K.-based seller of vintage jerseys.

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.

The In-Season Tournament Trend: NASCAR Latest League to Create One

The 2025 schedule will feature a five-race knockout bracket.

Retail-Level Politics: Utah’s New NHL Team Owner Engages Fans Early On

A series of potential team names center on Utah’s status as a haven for winter sports.
podcast thumbnail mobile
Front Office Sports Today

Bare Knuckle Fighting Comes Out of the Shadows


Featured Today

Michael Block signs autographs on the 18th hole during day three of practice for the PGA Championship at Valhalla Golf Club on Wednesday, May 15, 2024.

‘I Prefer It This Way’: How Life Works for PGA Club Pros

Here’s how life works for the qualifiers at golf’s second major.
February 5, 2019; Washington, DC, USA; The grounds of the Capitol Building empty out following the conclusion of President Donald Trump's State of the Union speech on February 5, 2019.
May 18, 2024

‘A Breathtaking Lobbying Campaign’: The NCAA’s Sophisticated Effort to Save Amateurism

Inside the carefully coordinated, multimillion-dollar operation to end the athletes’ rights era.
May 14, 2024

The WNBA Was Forged in Houston. Why Won’t It Go Back There?

Houston’s a perfect fit for expansion. The league isn’t considering it yet.
May 9, 2024; Indianapolis, IN, USA; Indiana Fever guard Caitlin Clark (22) stands with the team during the national anthem on Thursday, May 9, 2024, during the preseason game against the Atlanta Dream at Gainbridge Fieldhouse in Indianapolis.
May 12, 2024

‘Perfect Storm’: The Rise of Local WNBA Broadcast Pacts

With national attention reaching new heights, regional coverage could dictate the future.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Multiple - USA Careers
Multiple - USA Careers

Ukraine’s Improbable Soccer Run Continues With Euros Qualification

The country reaches its first major soccer tournament since Russia’s invasion began.
March 4, 2024

FIA President Under Investigation for Alleged F1 Race Tinkering 

Mohammed Ben Sulayem is being scrutinized for his role in overturning a crucial penalty at F1’s 2023 Saudi Arabian Grand Prix. 
March 6, 2024

Super Bowl LVIII Scores Big With International Viewers

The NFL gets a 10% global boost compared to last year.

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.
February 29, 2024

Paris Games Gain Momentum With $2B Completion of Olympic Village

The $2.2 billion housing project finished on time and was essentially on budget.
Everton goalkeeper Jordan Pickford passes during the first half against the Everton.
February 26, 2024

Everton Financial Punishment Trimmed After Appeal Is Partially Successful

Everton’s appeal of the EPL’s 10-point punishment was reduced to a six-point loss.
Lionel Messi
February 23, 2024

Copa América Tickets Climb in Latest Lionel Messi Effect

Tickets for Argentina’s game in Miami are pushing five figures.
German protests
February 21, 2024

German Football League Abandons Outside Investment After Protests

Bundesliga rethinks $1 billion media rights plan.