Latest Sports team ownership changes News

AP Exclusive: Felix Sabates to retire from NASCAR ownership

Dec. 12, 2019 11:18 AM EST

CHARLOTTE, N.C. (AP) — In his den overlooking the 14th hole at Quail Hollow, there are a handful of reminders of Felix Sabates' 30 years in NASCAR — a photo of the team owner at one of his first races; a bobblehead of close friend and rival Rick Hendrick; in the corner, a replica of the Monster...

AP source: Mets nearing deal to add Wacha to rotation

Dec. 11, 2019 9:07 PM EST

SAN DIEGO (AP) — The New York Mets and right-hander Michael Wacha are nearing an agreement on a one-year deal, a person with knowledge of the contract told The Associated Press. The person spoke on condition of anonymity Wednesday because the deal was not yet complete. The Mets have been in the market for...

Not Truist yet: Braves park keeping SunTrust name for now

Dec. 10, 2019 6:31 AM EST

ATLANTA (AP) — SunTrust and BB&T have combined into a megabank with a new name, Truist, but the completion of their merger won't immediately change the name of the Atlanta Braves home field. Officials of both companies said in a statement on Monday that Truist is now the nation’s sixth-largest...

Florida to name basketball court after former coach Donovan

Dec. 6, 2019 1:38 PM EST

GAINESVILLE, Fla. (AP) — Billy Donovan is returning to Florida for good. The Gators are naming their basketball court after Donovan, who led them to back-to-back national championships, four Final Four appearances and six Southeastern Conference titles during his 19 years in Gainesville. “Billy...

Cohen to increase stake in Mets; Wilpons remain in control

Dec. 4, 2019 6:46 PM EST

NEW YORK (AP) — A hedge fund manager whose company paid $1.8 billion in U.S. criminal and civil settlements is in negotiations to increase his stake in the New York Mets, who left open the possibility he eventually could become controlling owner. The team said Wednesday the deal between Sterling Partners...

Angels to buy Angel Stadium, stay in Anaheim through 2050

Dec. 4, 2019 2:20 PM EST

ANAHEIM, Calif. (AP) — The Los Angeles Angels have reached a proposed agreement to stay in Anaheim through 2050 as part of a deal in which they will pay $325 million to buy Angel Stadium and its surrounding parking lots from the city. The Angels and the city government announced the deal Wednesday that...

Brett, Carew, Eckersley among 7 holdovers on Hall committee

Dec. 2, 2019 1:46 PM EST

COOPERSTOWN, N.Y. (AP) — Hall of Famers George Brett, Rod Carew and Dennis Eckersley are among seven holdovers on the Hall of Fame's 16-man modern era committee, which meets Sunday to consider nine players plus former union head Marvin Miller for election. Former Kansas City Royals owner David Glass,...

‘A betrayal’: Malmo fury as Ibrahimovic invests in Hammarby

Nov. 27, 2019 5:32 PM EST

A statue of Zlatan Ibrahimovic was vandalized and apparently set on fire outside the stadium of his boyhood club, Malmo, as fans reacted with fury at the Swedish soccer star buying a stake in one of its biggest rivals on Wednesday. Ibrahimovic outlined his desire to make Hammarby the “best in...

Sherman takes over as Kansas City Royals controlling owner

Nov. 26, 2019 4:19 PM EST

KANSAS CITY, Mo. (AP) — John Sherman had sold his successful energy company and embarked on a nine-month trip around the world with his wife, Marny. They had visited Africa and Asia and all points between, and had landed in Europe when the most incredible of things happened. Sherman’s long-suffering...

‘Nobody cares anymore:’ Lions-Redskins could be peak apathy

Nov. 22, 2019 3:13 PM EST

LANDOVER, Md. (AP) — Tom Brady thought it was ridiculous how many opposing fans there were at the Washington Redskins’ home stadium. Sam Darnold said his road game at Washington almost felt like a home game. The Redskins haven’t had much of a home-field advantage this season, with an infusion...