![]() ![]() Using 1.09x and 1.19x multiples and the two respective valuations for the Knicks brings a premium valuation of the team of $6.32 billion to $7.26 billion. Arctos raised their stake in the Warriors to 13% recently, according to Sportico, using the same $5.5 billion valuation from its previous investment. Private equity investors can own up to 20% in a single team and can own stakes in up to five teams, according to the report.Īrctos Sports Partners was the first private equity investor to take on the new policy, with a 5% stake in the Golden State Warriors. The NBA changed its policy recently to allow private equity investment in teams. The new stake come as ownership is working on a $5 billion real estate development next to the team’s arena.ĭyal HomeCourt Partners now owns stakes in the Hawks, Phoenix Suns and Sacramento Kings. According to Sportpromedia, Hawks minority partners were asked by Ressler if they wanted to sell their stakes to a new investor. ![]() The Hawks were bought in 2015 by Tony Ressler for $730 million. What Happened: The Atlanta Hawks were recently valued at $2 billion thanks to a minority stake from Dyal HomeCourt Partners, a unit of Blue Owl Capital OWL. A rule that allows private equity companies to own minority stakes in National Basketball Association (NBA) teams continues to be a big story for the sport and is giving investors a way to invest in several NBA teams. Valuations for professional sports teams continue to rise.
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