sale - Sports News, Headlines & Highlights

Seahawks officially complete sale to Khosla familyThe Seattle Seahawks officially closed the sale of the franchise to the Khosla family on Thursday.,NFL owners unanimously approved the sale -- at a league-record price of $9.612 billion -- on Aug. 26.,"We are honored and excited to begin this next chapter," the Khosla family said in a statement. "Th...

NFL committees recommend approval of $9.6B Seahawks saleThe sale of the Seattle Seahawks to venture capitalist Vinod Khosla and his family passed through a pair of key committee votes Wednesday.,Owners who sit on the NFL's finance and ownership policy committees voted unanimously to recommend the approval of the record-breaking $9.612 billion sale, Front...

Lakers minority owner has no plans to sell 4% stakeBillionaire Dr. Patrick Soon-Shiong does not intend to sell his minority stake in the Los Angeles Lakers amid a high-profile sale of the franchise.,Soon-Shiong's family attorney, Chuck "Tiger" Kenworthy, said in a statement to ESPN on Thursday his client is "absolutely not selling" his 4% stake in t...

Reports: Jeanie Buss contests family's plan to sell Lakers stake

Jeanie Buss is challenging her siblings' attempt to sell the family's remaining stake in the Los Angeles Lakers.,Hours after the Buss family released a statement revealing its intention to sell its 17.8% ownership of the franchise to new owners Bob Iger and Josh Kushner, CNBC and ESPN reported that ...

Reports: Buss family to sell remaining stake to new owners

The Buss family, which has been primary or minority owners of the Los Angeles Lakers since 1979, will sell its current 17.8% ownership to new owners Bob Iger and Josh Kushner, according to multiple reports on Monday.,If the sale is approved by the NBA, Jeanie Buss -- who took over for her late fathe...

MLB owners unanimously approve Padres' new ownership group

Major League Baseball owners unanimously approved the San Diego Padres' new ownership group on Monday.,Billionaire Jose E. Feliciano and his wife and business partner Kwanza Jones lead the group of investors that agreed this spring to acquire controlling interest in the team from the Seidler family ...

FIFA proposes to sell minority stake in World Cup

FIFA announced plans Tuesday to create a new commercial subsidiary that will run its main events and will be available for external investors to buy a minority stake in.,The new subsidiary, called FIFA Forward Enterprise (FFE), will consolidate the organization's commercial and event operations, inc...

Report: Two groups emerge as favorites in Seahawks' sale process

One group from the Boston Celtics and another from the San Francisco 49ers are the leading candidates to buy the reigning Super Bowl champion Seattle Seahawks, Front Office Sports reported on Thursday.,Current Celtics minority owner Aditya Mittal and former Celtics governor Wyc Grousbeck lead one gr...