All articles tagged with #ownership
Travis Kelce purchased a minority stake in the Cleveland Guardians, though the exact size isn’t disclosed; the Dolan family remains the controlling owners, and Kelce emphasized his deep Cleveland roots and love for the city.
Chiefs tight end Travis Kelce is buying a minority stake in MLB's Cleveland Guardians, citing his baseball roots and saying he plans to observe, learn, and support the team and city, with a playful nod to rival Chiefs quarterback Patrick Mahomes, who owns part of the Royals.
During a sunlit San Francisco night at the Golden State Valkyries’ arena, the writer playfully disses the Chicago Sky as a 'clown organization' while noting Sky veteran signings and the expansion teams’ draft-day moves, contrasts the Valkyries’ smart, steady management with questions about ownership depth, and ends with a lighthearted, fan‑focused take on a game that feels more enjoyable than the off‑court drama suggests.
IREN Limited jumped more than 40% in five days after announcing a $5.5 billion AI infrastructure deal with Nvidia, including a $3.4 billion cloud services agreement and up to $2.1 billion in equity, with plans to deploy up to 5 GW of Nvidia-aligned AI infrastructure across its data-center pipeline (including a 2 GW Texas campus). The rally comes despite a Q3 earnings miss, with revenue down about 2% to $144.8 million and a loss of $0.30 per share. Ownership shows public companies and individual investors holding about 79.38% of shares, insiders 8.64%, and ETFs 6.77%; analysts maintain a Moderate Buy with a $72.56 price target (~24% upside).
Portland GM Joe Cronin defended owner Tom Dundon against cheapness criticism, saying Dundon is willing to spend big when it matters and noting the team discussed costly moves at the trade deadline, including potentially triggering the luxury tax. Cronin stressed that reports of a tight head-coach budget are misleading and that compensation will scale with the coach’s experience and risk. Tiago Splitter called the surrounding chatter exaggerated. Cronin admitted a miscommunication led to excluding two-way players from playoff road trips, later correcting by adding them for Game 5, and the Blazers plan a broad, flexible coaching search with a focus on efficiency and prudent spending.
Ahead of Alphabet’s Q1 2026 report on April 29, ownership data shows public investors hold 50.72% of GOOGL, with mutual funds 21.61%, ETFs 21.08%, insiders 6.36%, and others 0.22%. Vanguard is the largest holder at 7.72%, with 6.82% in Vanguard Index Funds; top ETF owners include VTI (3.16%), VOO (2.57%), and IVV (1.28%). Mutual funds hold 6.82% in Vanguard Index Funds and 1.75% in Fidelity Concord Street Trust. The stock carries a Strong Buy consensus with a $387.68 average target (~12.6% upside); Q1 EPS is expected at $2.63 on revenue of about $106.89 billion. Analysts point to Alphabet’s AI, cloud, and TPU momentum supporting upside potential.
NBA Commissioner Adam Silver defended Blazers owner Tom Dundon on Barstool’s Pardon My Take, praising his scrappy, detail-oriented approach and urging patience with the team’s new ownership amid cost-cutting chatter.
New Trail Blazers owner Tom Dundon is facing criticism for reportedly penny-pinching during the NBA playoffs, including leaving two-way players at home for the first two games in San Antonio and pursuing ultra-cheap coaching, amid other cost-cutting measures such as early hotel check-outs and reduced fan giveaways, even as Portland lost Game 1 to the Spurs.
Padres players react to the record $3.9 billion sale to a group led by Jose Feliciano and Kwanza Jones, viewing it as a sign of San Diego’s growing market and a potential boost for payroll flexibility. Players like Manny Machado and Fernando Tatis Jr. express optimism that new owners will invest in the roster, while noting that the broader implications include salary-cap debates and upcoming labor talks.
Tesla stock has fallen about 14% year-to-date ahead of its Q1 2026 report on April 22. TipRanks’ Ownership data show public companies and individuals own about 38.8% of TSLA, with insiders 24.95%, ETFs 23.82%, mutual funds 12.36%, and others 0.07%. The top holders include Elon Musk, Vanguard funds (e.g., VTI 2.38% and VOO 1.93%), and QQQ 1.02%; Vanguard Index Funds own about 5.13% and Fidelity Concord Street Trust about 1.31%. The stock currently carries a Hold rating from Wall Street with a $401.13 average target, signaling roughly 3% upside.
Steve Buckley argues that while John Henry has been a strong Red Sox owner, his silence amid fans’ ‘Sell the team’ chants at Fenway is bad form and risks eroding trust; Henry should address the fan base directly about the team’s direction, even as his tenure has brought four World Series titles, with side notes on Opening Day moments, Monster Energy signage, and the pressures facing new players like Roman Anthony.
The NBA Board of Governors approved the sale of the Portland Trail Blazers to a Dundon-led coalition, with the transfer becoming official today. The new ownership group, calling itself Rip City Rising, will be led by Dundon as Governor alongside a panel of partners. They pledge to relentlessly pursue a team that can compete at the highest level and to elevate the fan experience as the franchise transitions into this new chapter as the current season winds down.
Mark Cuban says his only major regret after selling the Mavericks isn’t the sale itself but whom he sold to—Miriam Adelson’s family—and he also criticizes the decision to trade Luka Dončić, calling it a consequence of internal tensions and biased front-office dynamics.
Mohegan announced an agreement to sell the Connecticut Sun to the Tilman J. Fertitta family, pending WNBA approval. The 2026 season will be played at Mohegan Sun Arena, with the team-set for its first season in Houston in 2027; Hartford will host two regular-season Sun games this year and Boston will stage a game on Aug. 18, marking a transitional era as the WNBA and the franchise evolve.
Despite back-to-back titles, Dodgers fans face record costs as a billionaire payroll and a new Uniqlo field sponsorship drive prices up: opening-day tickets near $200, a Dodger Dog around $30, and a family of four about $413, all amid soaring revenues and massive contracts that critics say prioritize profits over fan affordability.