Big, exciting news for the billionaire owners of the Sixers, Josh Harris and David Blitzer. They are now part owners of the Pittsburgh Steelers. According to Bloomberg News, the two owners acquired a minority stake of the Steelers worth approximately $140 million
The combo of Wall Street businessman also own the New Jersey Devils and the arena that they plan in, the Prudential Center. Us Philadelphia citizens obviously know that Harris/Blitzed acquired the Sixers at the beginning of the decade for $280 million. The Sixers have no skyrocketed past a net worth of over a billion dollars.
It was recently rumored that this same group was also interested in buying the Mets from Wilpon family as the Mets get more desperate to sell. Imagine being able to go 4 for 4 in United States professional sports like that. Yolo, mine as well spend that money if you have it and make these power plays on professional sports team ownership! I mean, with that kind of money that these guys have what is there to lose!
Another congratulations to Josh Harris and David Blitzer on a great acquisition in a stake of the Pittsburgh Steelers. A hefty price to pay, but they are now part of a NFL franchise known for their incredible morals and high character. A perfect match for guys like Harris and Blitzer.