Sources: Raiders' Relocation Fee Between $325-375M Bonds Returns To Giants As Special Advisor Clippers Owner Ballmer Dishes On NBA Topics FC Cincinnati Eyeing '18 Launch Of Training Facility E-Sports Franchise Cloud9 Adds Several New Investors Angels Return To StubHub For Secondary Tix Orioles' Brady Anderson Has Unique Position Blue Jays Investing Heavily In Sports Science Galaxy Trying To Make Better Use Of Youth System Tim Tebow Heads To Columbia For Minor League Ball
Kim Joins Lincoln Holdings; Leonsis Scales Back Stake
Published April 16, 2002
Dr. Jeong Kim was named as an investor and partner in Lincoln Holdings, joining Ted Leonsis, Dick Patrick, Raul Fernandez, Jack Davies, Richard Kay, George Stamas and Richard Fairbank (Capitals). In DC, Eric Fisher writes, "In the ninth change to the Lincoln roster in 27 months, Leonsis continues to lower his personal stake in the club and prepare for the potential purchase of the Washington Sports & Entertainment L.P. assets the group does not already own." Fisher, noting Kim purchased 6% of Lincoln Holdings, writes Kim's "arrival completes Leonsis' dispersal of equity once held by" Jonathan Ledecky. Ledecky sold his 24% stake back to Leonsis last June. Leonsis' stake is "now back to about" 60% (WASHINGTON TIMES, 4/16).