Menu
Franchises

Josh Harris, 76ers Reportedly Involved In Bidding Process To Take Over Devils

The 76ers ownership group headed by Josh Harris is "now involved in the bidding" for the Devils, according to sources cited by Tom Gulitti of the Bergen RECORD. A source said that Harris' group "became involved after a sale agreement with a group headed by attorney Andrew Barroway technically expired last month without a deal being completed." The source added that Barroway’s group is "still heavily involved in attempting to buy the Devils ... and already has gone far down the road in reaching deals with the NHL and lenders." Another source indicated that Barroway was "to incrementally invest more money in the Devils until the sale was completed, with current owner Jeff Vanderbeek still maintaining a minority stake in the team -- the percentage of which was still to be determined." Whether Vanderbeek would "continue to own some stake if Harris' group were to follow through with its bid is unknown." Harris' group has owned the 76ers since '11, and is "believed to be interested in getting into the New Jersey/New York sports market" (Bergen RECORD, 8/8). In Newark, Eliot Shorr-Parks wrote it is "doubtful a move by Harris to buy the Devils would go over well with Sixers fans," as the Flyers are rivals with the Devils. Harris owning both the Devils and the 76ers also would "be very similar" to former 76ers Owner Ed Snider, who was "accused by many of ignoring the Sixers and focusing solely on the Flyers" (NJ.com, 8/7). SB NATION's Derek Bodner wrote the "provincial Philadelphia fans may have a *slight* issue embracing an owner who also owns the hated rival of their favorite hockey team" (SBNATION.com, 8/7).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2013/08/08/Franchises/Devils.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2013/08/08/Franchises/Devils.aspx

CLOSE