Latest Sports team ownership changes News

AP source: Marlins' Mattingly agrees to contract extension

Sep. 19, 2019 10:55 PM EDT

MIAMI (AP) — Miami Marlins manager Don Mattingly has agreed to a contract extension and will return for a fifth season in 2020, a person familiar with the negotiations said Thursday. The person confirmed the agreement to The Associated Press on condition of anonymity because the Marlins hadn't announced...

Tsai completes purchase of Nets, arena, hires Levy as CEO

Sep. 18, 2019 2:50 PM EDT

NEW YORK (AP) — The Brooklyn Nets have a new owner and a new CEO. Alibaba co-founder Joe Tsai completed his purchase of the team and Barclays Center on Wednesday, then announced that he had hired former Turner Broadcasting President David Levy to oversee both. Tsai's purchase of the Nets was unanimously...

David Glass reflects on 20 years as Royals owner

Sep. 14, 2019 7:05 PM EDT

KANSAS CITY, Mo. (AP) — David Glass leaned on the Royals dugout rail, talking earnestly with third-base coach Mike Jirschele and clutching a baseball in his hand. It was mid-afternoon, 88 degrees and humid. "But I'm here because where else would you want to be on a Saturday evening but the ballpark?" Glass...

Billionaire Mansueto buys full ownership of Chicago Fire

Sep. 13, 2019 4:06 PM EDT

BRIDGEVIEW, Ill. (AP) — Billionaire Joe Mansueto has purchased full ownership of the Chicago Fire. The team announced Friday that Mansueto — the founder and executive chairman of Chicago-based financial services firm Morningstar Inc. — bought the remaining shares of the team from Andrew...

Olson, Athletics top Astros 3-2, take over AL wild-card lead

Sep. 13, 2019 12:41 AM EDT

HOUSTON (AP) — The Oakland Athletics left Houston feeling pretty good on Thursday night after taking three of four games from the imposing Astros as they look to lock down a playoff spot. Matt Olson hit a two-run homer to back a solid start by Homer Bailey and the Athletics beat the Astros 3-2 to take over...

Kansas City Royals being sold in deal expected to fetch $1B

Aug. 30, 2019 7:16 PM EDT

KANSAS CITY, Mo. (AP) — David Glass and his family had a very specific set of qualities they were searching for in a potential owner when they decided to put the Kansas City Royals on the market. They wanted an astute and successful businessman, someone with local ties who, perhaps most importantly, had a...

Glass family agrees to sell Major League Baseball's Kansas City Royals

Aug. 30, 2019 5:23 PM EDT
KANSAS CITY, Mo. (AP) — Glass family agrees to sell Major League Baseball's Kansas City Royals.

Correction: Broncos Ownership story

Aug. 30, 2019 12:12 PM EDT

DENVER (AP) — In a story Aug. 29 about the Denver Broncos ownership, The Associated Press reported erroneously that a dismissed lawsuit had been filed by John Bowlen. The lawsuit was filed by Bill Bowlen. A corrected version of the story is below: Judge dismisses lawsuit by brother of late Broncos owner A...

Yankees join Amazon, Sinclair to buy YES from Disney

Aug. 29, 2019 6:45 PM EDT

NEW YORK (AP) — The New York Yankees have reacquired the YES Network, joining Amazon and the Sinclair Broadcast Group to buy an 80% stake in the channel from The Walt Disney Co. The deal announced Thursday values YES at $3.47 billion, nearly $500 million less than when 21st Century Fox acquired a majority...

AP Sources: Royals ownership open to potential sale of club

Aug. 27, 2019 8:51 PM EDT

KANSAS CITY, Mo. (AP) — The ownership of the Kansas City Royals is open to the possibility of selling the franchise if the right buyer is found, two people familiar with the situation told The Associated Press, and reports suggest that it could happen in the near future. The people spoke to the AP on...