Josh Harris | |
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Born | Joshua Jordan Harris December 1964 (age 59) Chevy Chase, Maryland, U.S. |
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Marjorie Harris (m. 1995) |
Children | 5 |
Joshua Jordan Harris (born December 1964) is an American investor, sports team owner, and philanthropist. He is a co-founder of the private equity firm Apollo Global Management and managing partner of the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, and the NFL's Washington Commanders. Harris is also a general partner of the English football club Crystal Palace and owns a minority stake in Joe Gibbs Racing. He has an estimated net worth of US$8 billion.
Harris was born and raised in Chevy Chase, Maryland. He graduated with a degree in economics from the Wharton School of the University of Pennsylvania in 1986 before earning an MBA from Harvard Business School (HBS), working two years at the former investment bank Drexel Burnham Lambert in between. He founded Apollo with Leon Black and Marc Rowan in 1990 and managed its daily operations until leaving in 2022 to focus on sports investments, commonly in partnership with David Blitzer.
Harris headed groups that acquired the 76ers in 2011, the Devils and the Prudential Center in 2013, and the Commanders and FedExField in 2023. Other companies founded include Harris Philanthropies with his wife Marjorie in 2014, Harris Blitzer Sports & Entertainment with Blitzer in 2017, and the alternative assets firm 26North in 2022. Harris sits on the board of Mount Sinai Health System, Wharton, and HBS, is a member of the Council on Foreign Relations, and formerly served as treasurer of the Allen-Stevenson School.
Early life and education
Harris was born in December 1964 in Chevy Chase, Maryland.[1][2] He grew up playing several sports and considers them as having developed his work ethic. He cited his favorite sport as wrestling after winning a summer camp tournament at the age of nine.[3] Harris enrolled at the University of Pennsylvania School of Arts and Sciences in 1982 after graduating from The Field School in Washington D.C..[2] He transferred to Penn's Wharton School of business as a freshman due to an affinity for statistics and graduated summa cum laude with a Bachelor of Science degree in economics in 1986.[2][4][5] Harris was also a collegiate wrestler for the Penn Quakers and is a member of Phi Delta Theta and Sigma Alpha Epsilon fraternities.[2][3][6] He managed lemonade stands in Washington, D.C. in locations such as Farragut North station and the National Zoo during his freshman and sophomore summer vacations.[2][7]
Career
Private equity
Harris moved to New York City in 1986 to work at the Wall Street investment bank Drexel Burnham Lambert as a financial analyst in their mergers and acquisitions department, frequently clocking in over 100 hours a week.[3][8] He left after two years to attend Harvard Business School (HBS), where he graduated with an MBA in 1990 as a Baker Loeb Scholar, an honor given to the top 5% of the school's graduating class.[9] Drexel had filed for bankruptcy earlier that year due to illegal junk bond activity amid a recession, with Harris working at Blackstone for two months before leaving to establish the private equity firm Apollo Global Management with former Drexel partners Leon Black and Marc Rowan.[9] By 2004, he had led the acquisitions of companies such as Sirius Satellite Radio, WMC Mortgage, Pacer International, Nalco Water, and Borden.[10] Harris also led a $2 billion investment into the multinational chemical company LyondellBasell in 2008 before selling in November 2013 for a profit of $9.6 billion, one of the largest gains in private equity history.[11][12] In April 2009, Harris was ordered to pay $30 million in a settlement with Huntsman Corporation after Apollo was sued for backing out of a merger the previous year.[13] He was among several businessmen in 2017 that met with the Trump administration as advisors for their $1.5 trillion infrastructure plan, with senior advisor Jared Kushner considering him for a potential White House job.[14][15]
In May 2021, Harris announced he was stepping down from his day-to-day responsibilities at Apollo after being passed over as CEO for Marc Rowan, with his large personal focus on sport investments also reportedly becoming a source of tension within the company.[16] The position had been made available after Leon Black announced he would be stepping down due to an investigation finding he had paid $158 million to convicted sex offender Jeffrey Epstein between 2012 and 2017 for advice on taxes and estate planning.[17] He stepped down as senior managing director at Apollo in January 2022 and remained on their board of directors until his term ended in October 2022.[16][18] The same year, Black included Harris in a civil Racketeer Influenced and Corrupt Organizations (RICO) lawsuit, alleging that he led a group within Apollo attempting to tarnish his reputation after his ties to Epstein were reported.[19] Harris denied the claims, with federal judge Paul Engelmayer dismissing the suit in June 2022 for lack of evidence.[20] Black would appeal before the dismissal was upheld in March 2023.[21] He founded the alternative asset firm 26North in September 2022, hiring former senior Centerbridge Partners and Goldman Sachs executives.[22][23] The firm held $9.5 billion in assets by the end of 2022.[22]
Harris is on the board of trustees of Mount Sinai Health System, Wharton, and Harvard Business School,[5][24] and serves on the Council on Foreign Relations.[25] He previously served on the Investor Advisory Committee on Financial Markets (IACFM) for the New York Federal Reserve,[26] as vice president and treasurer of the Allen-Stevenson School,[27] and on the boards of Berry Global,[28] Constellium,[29] LyondellBasell,[29] and the United States Olympic Committee.[25] HRS Management, his family office, bought a majority stake in gym operator US Fitness in June 2018.[30] The office was also the largest investor in The Hill, an American political newspaper, until selling to Nexstar Media Group in August 2021.[31] In July 2022, HRS formed a joint venture with Canvas Property Group to buy more than $1 billion worth of apartments.[32] In January 2022, Harris invested $10 million in Mosaic Development Partners, a Philadelphia-based real estate company.[33][34] He, alongside Mark Penn, James Tisch, and Thomas Peterffy, contributed to a $50 million startup fund in The Messenger, an American news website launched by the former owner of The Hill in May 2023.[35][36]
Sports
Harris began contemplating investing in sports after meeting senior Blackstone executive David Blitzer in 2008 at The Punchbowl, a public house in London.[37][38] Those talks led to the pair forming an investment group that bought the Philadelphia 76ers of the National Basketball Association (NBA) from Comcast Spectacor for $280 million in 2011.[39] Other initial members of the group included Art Wrubel, Jason Levien, Adam Aron, Martin Geller, David Heller, James Lassiter, Marc Leder, Michael Rubin, Will Smith, Jada Pinkett Smith, and Erick Thohir.[40][41] Harris presided over an era in 76ers history known as "The Process", in which the team tanked for better NBA draft lottery odds.[42][43] Agreeing to a plan formed by general manager Sam Hinkie, the 76ers went 19–63 during the 2013–14 season, 18–64 in 2014–15, and 10–72 in 2015–16, the latter being the third-worst record in NBA history.[34] The Process was unpopular with NBA executives and team owners, who lobbied league commissioner Adam Silver to step in due to the 76ers' poor performance affecting league revenue sharing.[44][45] Harris would eventually agree to a suggestion by Silver to hire Jerry Colangelo, former owner of the Phoenix Suns, as team chairman in December 2015, which led to Hinkie stepping down in April 2016.[44][46] The Process led to the 76ers drafting future NBA MVP Joel Embiid, with the team having made five straight postseason appearances starting with the 2017–18 season.[34] The 76ers were valuated at $4.13 billion by Sportico in 2023.[47]
In 2013, Harris and Blitzer bought the New Jersey Devils of the National Hockey League (NHL) and their arena, the Prudential Center, from Jeff Vanderbeek for $320 million.[48] The franchise was valuated at $1.17 billion by Sportico in 2023.[49] He bought a 18% stake in the English football club Crystal Palace in December 2015, which is operated as a general partnership alongside Blitzer, Steve Parish, and John Textor.[50][51] In September 2016, Harris and Blitzer bought the esports organizations Dignitas and Apex Gaming and merged them under the Dignitas brand.[52] In September 2017, the pair founded Harris Blitzer Sports & Entertainment (HBSE) to consolidate their sports ventures. In addition to the 76ers and Devils, the company also owns the Delaware Blue Coats of the NBA G League and the Utica Comets of the American Hockey League, as well as HBSE Real Estate, the venture capital firm HBSE Ventures,[53] and the event and marketing firm Elevate Sports Ventures.[54] In June 2020, Harris bought a 5% stake worth $140 million in the Pittsburgh Steelers of the National Football League (NFL).[55] In 2022, he led a group consisting of Blitzer, airline executive Martin Broughton, politician and Olympic gold medalist Sebastian Coe, tennis player Serena Williams, and racing driver Lewis Hamilton that pursued a bid to purchase Chelsea of the Premier League before it was sold to Todd Boehly and Clearlake Capital for €4.25 billion ($4.5 billion).[56][57] He also pursued a bid for the New York Mets of Major League Baseball (MLB) before it was sold to Steve Cohen for $2.4 billion the same year.[58][59] In 2023, Harris and Blitzer explored buying minority stakes in Manchester United.[60]
In 2023, Harris led a group that purchased the NFL's Washington Commanders and FedExField from Daniel Snyder for $6.05 billion, the highest price ever paid for a sports team.[61][62] He contributed $2 billion in cash, with the rest being raised from 20 limited partners including Danaher and Glenstone founder Mitchell Rales, basketball hall of famer and entrepreneur Magic Johnson, and DC businessman and Washington Kastles owner Mark Ein.[63][64][65] Harris and Johnson had bid on the NFL's Denver Broncos the previous year before it was sold to a group headed by Walmart heirs Rob Walton and Greg Penner.[66][67] He was the third limited partner of the Steelers to become majority owner of another NFL team since 2012, joining Jimmy Haslam and David Tepper of the Cleveland Browns and Carolina Panthers respectively.[68] Around the same time, he bought a minority stake in Joe Gibbs Racing by way of HBSE.[69]
Harris employs general managers and presidents to operate his teams and venues, with diversity, equity, and inclusion and employee empowerment being promoted within his workplace culture.[8][7][34] Harris also invests heavily in sports science and analytics, with 76ers' president of basketball operations Daryl Morey being a leading proponent of the field.[70][71][72] He was among the first sports owners to announce that part-time staff would continue to be paid for any games canceled due to the impact of the COVID-19 pandemic on sports, which saw the NBA and NHL suspend operations for most of 2020.[73] Due to public criticism, Harris would reverse a decision to reduce the salaries of HBSE, 76ers, and Devils employees making under $100,000 by 20% during the hiatus.[73] Harris and Blitzer have also invested in youth sports. In 2023, the pair bought a youth baseball brand founded by MLB hall of famer Cal Ripken Jr. and partnered with snowboarder and Olympic gold medalist Shaun White to acquire Oregon-based sports camp operator We Are Camp for $10 million.[74][75] In 2024, Harris and Blitzer invested $10 million in a 115-acre sports complex located near the Pro Football Hall of Fame.[76]
Properties
Team | League | Year | Notes |
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Philadelphia 76ers | National Basketball Association | 2011 | Managing partner under Harris Blitzer Sports & Entertainment (HBSE) with David Blitzer. Includes the Delaware Blue Coats of the NBA G League. |
New Jersey Devils | National Hockey Association | 2013 | Managing partner under HBSE with David Blitzer. Includes the Prudential Center and the Utica Comets of the American Hockey League. |
Crystal Palace F.C. | Premier League | 2015 | General partner with Steve Parish, John Textor, and David Blitzer; 18% stake. |
Dignitas | Esports | 2016 | Owned under HBSE with New Meta Entertainment. |
Joe Gibbs Racing | NASCAR | 2023 | Limited partner under HBSE with Joe Gibbs and David Blitzer. |
Washington Commanders | National Football League | Managing partner; includes FedExField. |
Personal life
Harris is Jewish.[70][77] His father Jacob was an orthodontist and his mother Sylvia was a schoolteacher; he has a younger brother named Gabe.[7][78] He married Marjorie Harris (née Rubin) in 1995.[9][79] The couple met while attending Harvard Business School and have three sons and two daughters together; Hannah, Stuart, Thomas, Pierce, and Bridget.[80][81] Harris and fellow Chevy Chase native and businessman Mark Ein have been close friends since elementary school; they later attended Wharton and Harvard together and shared beach houses on Long Island during their time on Wall Street.[2][38]
Harris grew up a fan of local sports teams, attending Washington Redskins games at RFK Stadium and Washington Bullets games at the Capital Centre with his family.[2][80][82] As a youth, he placed third in a Maryland state wrestling tournament and once matched with future Olympic gold medalist Bobby Weaver.[3] Harris received the Outstanding American Award from the National Wrestling Hall of Fame in 2013.[6] He also competes in marathons and triathlons, finishing the 2010 New York City Marathon in 3:53:41 and the 2011 Philadelphia Marathon in 3:48:12.[9][83][84] Harris threw the ceremonial first pitch at a Washington Nationals game in September 2023.[85]
Harris was inducted into Kappa Beta Phi, a Wall Street fraternity, in 2011.[86] In November 2017, he bought the Dommerich Mansion, a 21,000-square-foot townhouse in the Upper East Side of New York City, for $52 million.[87] In July 2021, he bought a 9,100-square-foot mansion in Miami Beach from Marcelo Claure for $32 million.[88] Harris was included on Sports Business Journal's "Most Influential: Dealmakers & Disrupters" list in 2022.[89] Harris frequently takes private helicopters to attend games. Due to a scheduling error, he once caused the cancellation of a youth soccer match held at Newark's St. Benedict's Preparatory School as the field is sometimes used as a helipad.[90] His net worth was estimated in early 2024 to be $7.9 billion by Forbes and $8.42 billion by the Bloomberg Billionaires Index.[91][92] As of June 2023, he held $2.54 billion in Apollo shares.[93]
Philanthropy
Harris and his wife founded Harris Philanthropies, a nonprofit organization based in New York City, in 2014.[94][95] He established the $5 million Harris Center for Precision Wellness at New York's Icahn Genomics Institute in 2015.[96] Between 2015 and 2020, Harris donated a total of $3.5 million to the Philadelphia Police Athletic League, $648,950 to the Republican Party, and $190,150 to the Democratic Party.[97][98] He has been partnered with After-School All-Stars since 2016, providing a $1 million grant for six schools in Newark, Philadelphia, and Camden.[99] Harris has also supported the University of Pennsylvania with several donations, including $1 million to the Penn Quakers wrestling program,[100] establishing the Harris Family Endowed Scholarship program for undergraduate students from the Washington, D.C. area,[101] and establishing the $10 million Harris Family Alternative Investments program.[100] He has also participated in forums and panels hosted by organizations such as the Milken Institute, the MIT Sloan Sports Analytics Conference, and the Economic Club of Washington, D.C.[102][103][104]
Harris has contributed to socioeconomic programs in Israel through sports, including founding a youth basketball league known as the 48ers and funding a project integrating Ethiopian immigrants.[105] He donated more than $7 million worth of food, medical supplies, and COVID-19-related equipment to several Philadelphia-based groups and organizations by April 2020.[106][107][108][109] HBSE also committed $20 million to fight racial injustice that year, with Harris further donating $2 million to The Bridgespan Group to expand their nonprofit programs in Philadelphia and Camden.[94][110] In 2022, he established the $5 million Harris Family Fund for Sports Management and Alternative Investments program at Harvard Business School,[111] as well as donating to the Reform Alliance,[112] several Philadelphia-area homeless shelters,[113] and mobile cancer clinics to the Leonard M. Miller School of Medicine.[114] The same year, he donated $1 million to Fund for Health, a health inequity collaboration fund by Penn Med and Wharton, with another million to Penn Med to promote student diversity in clinical medicine and biomedical research.[115][116]
References
- ↑ "Joshua Jordan HARRIS". gov.uk. Companies House. Archived from the original on April 3, 2023. Retrieved April 3, 2023.
- 1 2 3 4 5 6 7 Elfin, David (July 6, 2015). "Q&A with the Owners of the Philadelphia 76ers, New Jersey Devils and Washington Kastles". MoCo360. Archived from the original on March 22, 2023. Retrieved March 22, 2023.
- 1 2 3 4 Wang, Jennifer (November 7, 2017). "It All Started With Wrestling, Says Billionaire Owner of Philadelphia 76ers". Forbes. Archived from the original on July 9, 2023. Retrieved May 8, 2023.
- ↑ Lynn, Carter (November 29, 2020). "Career businessmen and Wharton alums Josh Harris and Steve Cohen are now sports owners". The Daily Pennsylvanian. Archived from the original on April 29, 2021. Retrieved April 29, 2021.
- 1 2 Hermann, Adam (February 21, 2019). "Sixers owner Josh Harris gives $10 million to Penn's Wharton School". PhillyVoice. Archived from the original on August 6, 2020. Retrieved August 17, 2020.
- 1 2 "National Wrestling Hall of Fame and Museum Announces Class of 2013 | National Wrestling Hall of Fame". National Wrestling Hall of Fame. 2013. Archived from the original on July 3, 2022. Retrieved April 13, 2023.
- 1 2 3 Maese, Rick (May 7, 2012). "Josh Harris, Philadelphia 76ers owner, has roots in Washington". The Washington Post. Retrieved July 8, 2023.
- 1 2 Unger, Mike (October 26, 2023). "Josh Harris' quest to bring back the glory days of the Washington Commanders". MoCo360. Archived from the original on October 27, 2023. Retrieved October 28, 2023.
- 1 2 3 4 Gottfried, Miriam (October 31, 2020). "A $433 Billion Wall Street Giant Has a Reputation Problem. It's Josh Harris's Job to Fix It". The Wall Street Journal. ISSN 0099-9660. Archived from the original on November 16, 2020. Retrieved November 15, 2020.
- ↑ Meikle, Brad (February 28, 2005). "Buyout Pros of the Year: Josh Harris & Marc Rowan of Apollo". Buyouts Insider. Archived from the original on July 15, 2020. Retrieved July 14, 2020.
- ↑ Vardi, Nathan (July 30, 2014). "How One Billionaire's Bet On LyondellBasell Turned Into The Greatest Deal In Wall St. History". Forbes. Archived from the original on December 17, 2017. Retrieved July 14, 2020.
- ↑ Carey, David (June 25, 2013). "Apollo Fueled by $9.6 Billion Profit on Debt Beats Peers". Bloomberg News. Archived from the original on November 11, 2020. Retrieved October 5, 2020.
- ↑ Pearson, Sophia; Calkins, Laurel (April 16, 2009). "Apollo Founders Must Face Huntsman Suit, Judge Says". Bloomberg News. Archived from the original on September 9, 2023. Retrieved July 16, 2023.
- ↑ Drucker, Jesse; Kelly, Kate; Protess, Ben (February 28, 2018). "Kushner's Business Got Loans After White House Meetings". The New York Times. Archived from the original on March 1, 2018. Retrieved March 1, 2018.
- ↑ Parent, Andrew (March 1, 2018). "Report: Trump administration considered Sixers co-owner Josh Harris for a White House job". PhillyVoice. Archived from the original on February 4, 2023. Retrieved May 20, 2023.
- 1 2 Sullivan, Casey; Cuccinello, Hayley (September 20, 2022). "Inside billionaire Josh Harris' final years at Apollo, where former employees said his personal investments caused tensions". Business Insider. Archived from the original on March 29, 2023. Retrieved March 29, 2023.
- ↑ DiNapoli, Jessica; Oguh, Chibuike (May 20, 2021). "Apollo co-founder Josh Harris to step down from private equity firm". Reuters. Archived from the original on April 15, 2023. Retrieved April 15, 2023.
- ↑ "Apollo Co-Founder Josh Harris to Not Stand for Re-Election to the Board of Apollo Global Management". Sovereign Wealth Fund Institute. August 11, 2022. Archived from the original on April 15, 2023. Retrieved April 15, 2023.
- ↑ Sundar, Sindhu (March 4, 2022). "Josh Harris says former Apollo CEO Leon Black is using his conspiracy lawsuit like a 'press release' to defend his reputation after the PE giant investigated his ties to Jeffrey Epstein". Business Insider. Archived from the original on April 15, 2023. Retrieved April 15, 2023.
- ↑ Sundar, Sindhu (June 30, 2022). "A federal judge dismissed Leon Black's conspiracy suit against his former business associates and his assault accuser, but didn't sanction his lawyers". Business Insider. Archived from the original on April 15, 2023. Retrieved April 15, 2023.
- ↑ Van Voris, Bob (March 2, 2023). "Leon Black Loses Bid to Revive Conspiracy Suit Against Apollo Co-Founder Josh Harris". Bloomberg News. Archived from the original on May 13, 2023. Retrieved July 16, 2023.
- 1 2 Perlberg, Heather (December 1, 2022). "Harris Taps Ex-Citi CEO for $9.5 Billion Investment Firm". Bloomberg News. Archived from the original on December 2, 2022. Retrieved July 16, 2023.
- ↑ Perlberg, Heather (September 9, 2022). "Billionaire Sports Owner Harris Builds New $5 billion Investment Firm". Bloomberg News. Archived from the original on December 8, 2022. Retrieved July 16, 2023.
- ↑ "Billionaire Investor Josh Harris Learns How To Grapple With Business, Life At UPenn". C-Suite Spotlight. October 26, 2021. Archived from the original on March 22, 2023. Retrieved March 22, 2023.
- 1 2 "Josh Harris, W'86". whartonnewyork18.com. Archived from the original on August 8, 2020. Retrieved August 17, 2020.
- ↑ "New York Fed Announces Creation of the Investor Advisory Committee on Financial Markets" (Press release). Federal Reserve Bank of New York. July 24, 2009. Archived from the original on October 8, 2022. Retrieved April 12, 2023.
- ↑ "Allen-Stevenson School". ProPublica. May 9, 2013. Archived from the original on July 16, 2023. Retrieved July 16, 2023.
- ↑ "Berry Plastics Group, Inc. Appoints Robert A. Steele to the Company's Board of Directors" (Press release). Berry Global. October 6, 2014. Archived from the original on April 14, 2023. Retrieved April 12, 2023.
- 1 2 "Notice of Annual Meeting of Shareholders". sec.gov. U.S. Securities and Exchange Commission. October 1, 2021. p. 7. Archived from the original on July 22, 2023. Retrieved July 22, 2023.
Mr. Harris has previously served on the board of directors of Berry Plastics Group Inc., EP Energy Corporation, EPE Acquisition, LLC, CEVA Logistics, Constellium N.V., and LyondellBasell Industries B.V.
- ↑ Sturdivant-Sani, Christina (June 4, 2018). "NYC Equity Firm, NBA Team Owner Become Majority Owners of DC-Area Fitness Company". Commercial Observer. Archived from the original on April 8, 2023. Retrieved April 8, 2023.
- ↑ Coope, Rebecca (August 23, 2021). "The Hill media company sells to massive TV station conglomerate". Washington Business Journal. Archived from the original on August 24, 2021. Retrieved April 17, 2023.
- ↑ Bockmann, Rich (July 13, 2022). "Apollo co-founder Harris teams up with Morgenstern for multifamily buying spree". The Real Deal. Archived from the original on April 8, 2023. Retrieved April 8, 2023.
- ↑ Adelman, Jacob (January 20, 2022). "Sixers owner invests $10M into Philly's Mosaic in bid to build firm into Black-owned real estate juggernaut". The Philadelphia Inquirer. Archived from the original on July 13, 2023. Retrieved July 16, 2023.
- 1 2 3 4 Breer, Albert (May 22, 2023). "Introducing Josh Harris, the Right Owner to Revive the Commanders". Sports Illustrated. Archived from the original on May 22, 2023. Retrieved May 22, 2023.
- ↑ Fischer, Sara (May 2, 2023). "The Messenger to launch May 15 with 150 journalists". Axios. Archived from the original on May 13, 2023. Retrieved May 21, 2023.
- ↑ Mullin, Benjamin (March 10, 2023). "The Messenger, a Media Start-Up, Aims to Build a Newsroom Fast". The New York Times. Archived from the original on May 8, 2023. Retrieved May 21, 2023.
- ↑ Shelburne, Ramona (September 26, 2023). "Why the Commanders' $6 billion bidding war was one Josh Harris had to win". ESPN. Archived from the original on September 29, 2023. Retrieved September 30, 2023.
- 1 2 Jhabvala, Nicki (July 23, 2023). "How Josh Harris's Washington roots inspired him to buy the Commanders". The Washington Post. Archived from the original on September 9, 2023. Retrieved July 23, 2023.
- ↑ "76ers officially sold to new owners". ABC13. October 18, 2011. Archived from the original on March 28, 2023. Retrieved March 28, 2023.
- ↑ Fagan, Kate (August 2, 2011). "Those who know him say Joshua Harris, soon-to-be Sixers owner, lives for competition and success". The Philadelphia Inquirer. Archived from the original on March 25, 2023. Retrieved March 25, 2023.
- ↑ "Group Led by Joshua Harris Completes Purchase of Philadelphia 76ers" (Press release). Business Wire. October 18, 2011.
- ↑ Gelles, David (December 4, 2014). "76ers Keep Losing, and It's All Part of the Plan". The New York Times. Archived from the original on August 28, 2023. Retrieved August 28, 2023.
- ↑ Weitzman, Yosef. "Trust the process? Sixers owner Josh Harris won't stop". The Daily Pennsylvanian. Archived from the original on May 21, 2023. Retrieved May 21, 2023.
- 1 2 Windhorst, Brian (December 7, 2015). "Jerry Colangelo hire by 76ers follows lobbying to NBA from owners". ESPN. Archived from the original on September 3, 2023. Retrieved September 3, 2023.
- ↑ Botkin, Brad (December 21, 2015). "Adam Silver not a fan of 76ers' strategy, didn't push for changes". CBS Sports. Archived from the original on September 4, 2023. Retrieved September 4, 2023.
- ↑ Harper, Zach (April 10, 2016). "Bryan Colangelo named Sixers' president, Jerry Colangelo steps down". CBS Sports. Archived from the original on April 13, 2016. Retrieved April 11, 2016.
- ↑ Badenhausen, Kurt (December 13, 2023). "NBA Team Values 2023: Warriors, Knicks, Lakers Top $7B". Sportico. Archived from the original on December 14, 2023. Retrieved December 15, 2023.
- ↑ "Devils announce sale of team to billionaire Josh Harris". The Star-Ledger. August 15, 2013. Archived from the original on February 6, 2019. Retrieved August 15, 2013.
- ↑ Badenhausen, Kurt (November 8, 2023). "NHL Valuations 2023: Maple Leafs Lead at $2.65B, Average Value Up 29%". Sportico. Archived from the original on December 15, 2023. Retrieved December 15, 2023.
The value of the Devils is up 41% to $1.17 billion.
- ↑ "Sixers owner Josh Harris buys into Crystal Palace soccer club". NBC Sports. December 19, 2015. Archived from the original on August 2, 2020. Retrieved June 28, 2020.
- ↑ "Crystal Palace: Deal agreed with US investors Harris and Blitzer". BBC News. December 18, 2015. Archived from the original on June 24, 2020. Retrieved June 28, 2020.
- ↑ Rovell, Darren (September 26, 2016). "76ers acquire esports teams Dignitas and Apex". ESPN. Archived from the original on October 8, 2016. Retrieved October 9, 2016.
- ↑ Takahashi, Dean (February 25, 2020). "76ers owners appoint investment chief for esports and other ventures". VentureBeat. Archived from the original on March 28, 2023. Retrieved April 13, 2023.
- ↑ "San Francisco 49ers, HBSE and CAA team up to create Elevate Sports Ventures". SportsPro Media. SportsPro. January 24, 2018. Archived from the original on July 7, 2020. Retrieved July 6, 2020.
- ↑ Kostroun, Bill (June 15, 2020). "Sixers owners Josh Harris and David Blitzer purchase stake in Pittsburgh Steelers". The Philadelphia Inquirer. Archived from the original on April 4, 2023. Retrieved April 4, 2023.
- ↑ Soshnick, Scott; Novy-Williams, Eben (April 21, 2022). "Serena Williams, Lewis Hamilton Join Chelsea Bidding in Harris/Blitzer Group". Yahoo Sports. Archived from the original on June 20, 2022. Retrieved May 20, 2023.
- ↑ "Chelsea takeover: Todd Boehly 'honoured' to complete deal as Roman Abramovich era ends". ESPN. Reuters. May 30, 2022. Archived from the original on June 1, 2023. Retrieved June 1, 2023.
- ↑ Grasso, Justin (August 30, 2020). "76ers' Josh Harris is Reportedly out on Buying Mets". Sports Illustrated. Archived from the original on June 30, 2022. Retrieved May 20, 2023.
- ↑ "Steve Cohen completes $2.4 billion purchase of New York Mets". ESPN. Associated Press. November 6, 2020. Archived from the original on July 20, 2021. Retrieved June 1, 2023.
- ↑ Sim, Josh (January 24, 2023). "Report: Manchester United minority stake targeted by Josh Harris and David Blitzer". SportsPro Media. SportsPro. Archived from the original on June 6, 2023. Retrieved June 6, 2023.
- ↑ Keim, John (July 21, 2023). "Commanders owner Josh Harris focused on 'changing the culture'". ESPN. Archived from the original on August 5, 2023. Retrieved August 5, 2023.
- ↑ Jhabvala, Nicki (July 20, 2023). "The Commanders sale was so complicated, it was 'like 20 deals in one'". The Washington Post. Archived from the original on September 9, 2023. Retrieved July 23, 2023.
- ↑ Perez, A.J. (September 11, 2023). "Josh Harris Was Commanders' Only Option Despite 'Really Complicated Deal'". Front Office Sports. Archived from the original on September 21, 2023. Retrieved September 16, 2023.
- ↑ Ozanian, Mike (July 20, 2023). "Here's How Much Josh Harris Expects To Earn On $6 Billion Purchase Of The Washington Commanders". Forbes. Archived from the original on August 20, 2023. Retrieved August 20, 2023.
Harris has 20 limited partners in his group, including Mitchell Rales, Magic Johnson, Eric Schmidt and Mark Ein, the most in the NFL.
- ↑ Leach, Kamaron; Boudway, Ira; Williams, Randall (August 3, 2023). "Washington Commanders Sale Cements High Finance's Status in NFL's Inner Circle". Bloomberg News. Archived from the original on August 12, 2023. Retrieved August 5, 2023.
- ↑ Soshnick, Scott; Novy-Williams, Eben (May 5, 2022). "Magic Johnson Joins Josh Harris Bid for Denver Broncos". Sportico. Archived from the original on October 6, 2023. Retrieved September 24, 2023.
- ↑ Jackson, Wilton (June 8, 2022). "76ers' Josh Harris Was Willing to Pay $5 Billion for Broncos, per Report". Sports Illustrated. Archived from the original on March 28, 2023. Retrieved March 28, 2023.
- ↑ Jackson, Eric (August 29, 2023). "D.C.'s Josh Harris Taps Steelers Pipeline to NFL Ownership". Sportico. Archived from the original on September 3, 2023. Retrieved September 3, 2023.
- ↑ Stern, Adam (June 20, 2023). "Joe Gibbs Racing sells minority stake to Josh Harris, HBSE". Sports Business Journal. Archived from the original on June 21, 2023. Retrieved June 21, 2023.
- 1 2 Breer, Albert (July 24, 2023). "New Commanders Owner Josh Harris Discusses the Work Ahead". Sports Illustrated. Archived from the original on July 27, 2023. Retrieved July 27, 2023.
- ↑ Morris, Meghan (June 22, 2020). "Here's how a huge investment in big data is helping the owners of the Philadelphia 76ers and New Jersey Devils make better decisions for their rosters, player development and coaching". Business Insider. Archived from the original on July 9, 2023. Retrieved July 8, 2023.
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