Sunday September 24, 2023
The Best Employers in Sports Survey is Now Open!

Man United, Hornets Most Likely to Follow Commanders Pending Sale 

  • More franchise sales are likely to follow the Commanders' $6 billion deal.
  • Sale of Premier League team could bring in record numbers.
Michael Jordan Among 8 Members of First NBA Foundation Board of Directors
Jeremy Brevard-USA TODAY Sports
Front Office Sports Today

How Rupert Murdoch Changed Sports Media Forever

As he steps down as chair of Fox and News Corp., we discuss his monumental and ongoing impact.
Listen Now
September 22, 2023 | Podcast
Copy Link
Link Copied
Link Copied

Who’s on deck?

With final approval of the Washington Commanders’ $6.05 billion sale to Josh Harris’ group expected to come soon and the Ottawa Senators narrowing down bids close to $1 billion for the NHL franchise, even more, pro teams will likely be changing hands in the near future.

In the NBA, Micheal Jordan has been exploring a sale of his majority stake in the Charlotte Hornets to one of his minority investors since March. 

Jordan reportedly would have rethought his intentions had the Hornets won the NBA Draft lottery. Charlotte landed the second pick, narrowly missing out on the chance to select French phenom Victor Wembanyama.

In MLB, the Washington Nationals were once up for sale, but the Lerner family has since taken the team off the market while dealing with issues around its MASN regional sports network. Ted Leonsis, who owns local counterparts the Capitals and Wizards, reportedly bid over $2 billion for the Nationals.

Internationally, Manchester United’s sale process drags on as the Glazer family may or may not follow through with a sale of the team, which will likely go for more than $6 billion.

Another NFL team to keep an eye on is the Seattle Seahawks. The future of the team has been up in the air since late owner Paul Allen’s death in 2018. Allen’s sister Jody is likely to sell the team in 2024. The Seahawks have recently been valued by Forbes at $4.5 billion.

Three NWSL teams are also on the market — the OL Reign, Chicago Red Stars, and Portland Timbers. A deal for the Red Stars could come sometime this spring.

Copy Link
Link Copied
Link Copied

What to Read

Boston Unity formally announces its successful NWSL expansion bid with a media and community event alongside Mayor Wu and other dignitaries at City Hall Plaza in Boston, Massachusetts.

Brad Stevens, Wife Invest In Boston’s Expansion NWSL Franchise

“It’s cool to be on that ground floor,” Stevens said.

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.

Andlauer Completes Record $950M Senators Acquisition

Long-awaited pact follows three months of due diligence, league review

FIFA, Kroenke Clash Over SoFi Stadium's World Cup Revenue Sharing

SoFi Stadium's hosting of World Cup matches may be in jeopardy.
podcast thumbnail mobile
Front Office Sports Today

How Rupert Murdoch Changed Sports Media Forever


Featured Today

Deion Sanders with The Rock on ESPN's "College GameDay."

Deion Sanders Generated $45M In Earned Media For Colorado

From Sept.1-22, Sanders generated $45.7M for the public university.
September 23, 2023

Up Next For College Football Playoffs: More Change, Money, And ... Streaming?

Many changes are coming to the CFP when it expands to 12 teams.
September 22, 2023

Warriors Stake Reportedly Up For Sale at $7B Valuation

A 10% stake in the franchise could cost $700 million.
September 22, 2023

Jaguars Threaten Move Without $1B From Jacksonville Taxpayers

The Jagaurs are hoping to renovate TIAA Bank Field for $2 billion.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations
A view of the Spurs club badge on the exterior of Tottenham Hotspur Stadium in London.

Tottenham, Valued At $2.8B, Says It's Open To Stake Sale

The club's chairman says new minority investors could come on board.
September 21, 2023

England Women’s Team Resolves Pay Dispute After WWC Success

Agreement arrives a month after the end of the 2023 Women's World Cup
September 20, 2023

Royals Miss Self-Imposed Deadline To Select Stadium Site

Ongoing discussions with Jackson, Clay Counties prompt timetable shift
September 20, 2023

Chelsea Gets $500M For Stadium Projects, Club Acquisitions

The Premier League club is receiving crucial new investment.
September 19, 2023

Rays Eye Much More Stable Future With Stadium Deal

Ballpark deal ends years of relocation rumors
September 18, 2023

Wisconsin Legislators Make Renewed Pitch To Keep Brewers

Republican-led effort looks to retain MLB club in the state
September 18, 2023

Delay Around Brady's Raiders Stake Sparks Questions

Tom Brady's purchase of a stake in the Raiders is still pending.
September 18, 2023

Orioles’ Angelos Says Staying In Baltimore ‘A Given’

Reclusive Angelos conveys new confidence of new lease deal