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Ownership

All articles tagged with #ownership

Dundon-Led Coalition Takes Control of Trail Blazers, Vowing a New Era
sports10 days ago

Dundon-Led Coalition Takes Control of Trail Blazers, Vowing a New Era

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.

via blazersedge.com|
#nba#ownership#portland-trail-blazers
Mohegan to Sell Connecticut Sun to Fertitta Family, With 2027 Relocation Planned
business12 days ago

Mohegan to Sell Connecticut Sun to Fertitta Family, With 2027 Relocation Planned

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.

via Connecticut Sun|
#business#connecticut-sun#fertitta-family
Brady explored another NFL comeback, but the league nixed the idea
sports15 days ago

Brady explored another NFL comeback, but the league nixed the idea

Tom Brady told CNBC that he inquired about unretiring for an NFL return but was rebuffed by the league; returning would require him to divest his 10% stake in the Las Vegas Raiders, which he has held since 2024. He says he’s happily retired, even as he stays active in football circles through a Fox Sports contract and a strategic advisory role with the Raiders. He recently played in a flag football event, which reinforced his retirement, though he wouldn’t fully rule out rare possibilities like Olympic flag football in 2028.

via NFL.com|
#las-vegas-raiders#nfl#ownership
Jay-Z: Creating Ownership, Defying Narratives, and Staying Curious
culture18 days ago

Jay-Z: Creating Ownership, Defying Narratives, and Staying Curious

In a rare, wide-ranging interview, Jay-Z reflects on 30 years in music, building a business empire, independence and ownership, his high-profile projects (Roc Nation, D’Ussé, Armand de Brignac, Tidal, and the NFL halftime show), and his evolving views on fame, family, and controversy, emphasizing owning the narrative and staying curious as he navigates culture and commerce.

via GQ|
#culture#hip-hop#jay-z
Raiders owners weigh succession plan that could elevate Egon Durban to controlling stake
sports22 days ago

Raiders owners weigh succession plan that could elevate Egon Durban to controlling stake

NFL owners will vote at the spring meeting in Phoenix on a Raiders succession plan that would allow Silver Lake co-CEO Egon Durban to purchase a majority stake from Mark Davis, potentially placing him as the future controlling owner. Durban already holds a minority stake (about 7.5%) and has been involved in the organization, with a second minority stake offered to limited partner Michael Meldman; Davis, who turned 71 and recently inherited his mother’s shares, has not indicated an intent to sell. The plan would require owners’ approval to finalize Durban as the new controlling owner if/when a sale occurs.

via Silver And Black Pride|
#egon-durban#nfl#ownership
Davis Sets Raiders Succession Plan, Keeps Controlling Interest Left Intact
sports22 days ago

Davis Sets Raiders Succession Plan, Keeps Controlling Interest Left Intact

Raiders owner Mark Davis approves a succession plan that would sell about 7% of the team to Egon Durban and Michael Meldman, with Durban holding a right of first refusal to buy the franchise; the plan values the equity at about $10 billion. Davis says he has no intention of selling his controlling stake, a move meant to enable a smooth transition and block the prospect of Tom Brady taking control.

via NBC Sports|
#egon-durban#mark-davis#ownership
Micron Preps Q2 Earnings as Ownership Map Signals AI Chip Demand
market-news29 days ago

Micron Preps Q2 Earnings as Ownership Map Signals AI Chip Demand

Micron Technology is set to report Q2 FY26 results on March 18 amid strong AI-driven memory-chip demand. Public owners own about 41.9% of MU, ETFs 27.9%, mutual funds 26.8%, with Vanguard leading the list at 8.0%; Vanguard indices and major ETFs like VTI and VOO hold additional stakes. Wall Street remains bullish with a Strong Buy consensus and a $440.67 average target, implying ~8.7% upside, as the stock has surged ~324% over the last year. The Q2 outlook calls for EPS around $8.74 on roughly $19.03 billion in revenue, driven by demand for HBMs and DRAM in data centers.

via TipRanks|
#earnings#market-news#memory
Carolina Hurricanes Expand Ownership With Three Minority Investors
sports29 days ago

Carolina Hurricanes Expand Ownership With Three Minority Investors

Carolina Hurricanes owner Tom Dundon announced three new investors—Brett Jefferson, Marc Grandisson and Bobby Farnham—have joined the ownership group as minority owners, with Dundon retaining majority control; the trio will be introduced to the media in Raleigh on March 18 ahead of a home game against the Pittsburgh Penguins, and the deal was assisted by LionTree Advisors and Smith Anderson.

via NHL.com|
#canes#carolina-hurricanes#investors
Giants' GM Schoen Faces Player Backlash as D+ Rating Sparks Ownership Pressure
sports1 month ago

Giants' GM Schoen Faces Player Backlash as D+ Rating Sparks Ownership Pressure

New York Giants players gave GM Joe Schoen a D+ in this year’s NFLPA report cards, the lowest among GMs, signaling deep concerns about his negotiation style, roster decisions, and draft results. With the team winning only seven games in the past two seasons and multiple positional needs, the piece argues ownership should heed the players’ assessment rather than ignore it or fight narratives, underscoring a potential rift between front office decisions and the locker room.

via New York Daily News|
#giants#grades#joe-schoen
Arizona retailer faces lawsuit over $12.8M lottery win ownership
business1 month ago

Arizona retailer faces lawsuit over $12.8M lottery win ownership

A Circle K store in Scottsdale is suing to determine who owns a $12.8 million The Pick lottery ticket printed at its store after leftover tickets included the winning one; the case hinges on whether the ticket counted as sold or the retailer’s property under Arizona rules, with a May 23, 2026 deadline to claim and potential implications for retailer-prize disputes.

via moneywise.com|
#arizona#business#circle-k