DraftKings Closes On $300M Series D Round DraftKings To Close VC Funding In Coming Weeks FanDuel Closes On New VC Financing Cuban Among Group Raising Funds For Unikrn Nike Sees Sales Rise 4.8% In Q4 Sources: MLBAM Eyes IPO For Non-Baseball Division VenueNext Gets $9M In New Financing Under Armour's Stock Split Plan Criticized Players' Tribune Receives First VC Funding Gametime Closes On $13.3M VC Funding
TELLEM ABOUT IT: WILL ARN AND FLEISHER FOLLOW FALK'S LEAD?
Published June 2, 1998
Agents Arn Tellem and Eric Fleisher "are negotiating the sale of their businesses" to Magicworks Entertainment Inc., a Miami-based concert and event promoter, according to sources of Josh Gotthelf of SPORTSBUSINESS JOURNAL. It has been reported that Fleisher would receive $25M for his business alone, but a source "close to the negotiations" said that price "would be for both agencies." Tellem, Fleisher and Magicworks spokesperson Frank Hawkins all declined to comment. One source familiar with the talks said that while there are still "significant issues" to be resolved, if a deal is reached, both Tellem and Fleisher "would stay on to run Magicworks' new sports division" (SPORTSBUSINESS JOURNAL, 6/1 issue).