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Minority Owner

All articles tagged with #minority owner

Travis Kelce buys into Guardians ownership, cementing Cleveland roots
sports-business1 month ago

Travis Kelce buys into Guardians ownership, cementing Cleveland roots

Travis Kelce, the Kansas City Chiefs tight end and Cleveland Heights native, has joined the Cleveland Guardians as a minority investor, tying his future to his hometown. Kelce says the move lets him plant roots in Cleveland’s east side and view it as a dream come true, with memories of Progressive Field fueling his excitement. He plans to attend games and highlighted his Cleveland loyalty on his New Heights podcast, while Mahomes publicly congratulated him. The Guardians’ ownership remains with the Dolan family and David Blitzer, who has a path to majority control after 2027, a dynamic that could influence the franchise’s future.

Tom Brady Joins Birmingham City as Minority Owner
sports2 years ago

Tom Brady Joins Birmingham City as Minority Owner

NFL legend Tom Brady has become a minority owner of Birmingham City, an English soccer club in the Championship. Brady will serve as chairman of the advisory board and apply his leadership experience to various aspects of the club, including sports science. He will also work on global marketing efforts and identify new commercial opportunities. This move follows retired NFL star JJ Watt's investment in Premier League side Burnley. Brady expressed his excitement to contribute to Birmingham City's success and build on the club's history and passion.

Tom Brady in talks to become minority partner of Las Vegas Raiders.
sports3 years ago

Tom Brady in talks to become minority partner of Las Vegas Raiders.

Tom Brady is reportedly in "deep discussions" with Las Vegas Raiders owner Mark Davis to become a minority owner of the NFL team. This would be the second business venture between the two, as Brady became a limited partner in Davis' WNBA team, the Las Vegas Aces, earlier this year. The negotiations are said to be "extremely sensitive and fluid," and Brady's investment would be passive, meaning he would have no control over business or football matters. Brady retired from the NFL in February after a 23-year career and is estimated to be worth $333 million.