Randall Williams

1 day ago | bloomberg.com | Isis Almeida |Randall Williams

The Chicago White Sox logo at Guaranteed Rate Field in Chicago in 2019. (Bloomberg) -- Justin Ishbia has reached an agreement that could pave the way for the private equity billionaire to take a controlling stake in the Chicago White Sox. The founder of Shore Capital Partners will inject money into the team this year and in 2026. In turn, he will have the option to acquire a controlling interest from 2034, according to a statement from the White Sox on Thursday.

1 day ago | news.bloomberglaw.com | Isis Almeida |Randall Williams

Justin Ishbia has reached an agreement that could pave the way for the private equity billionaire to take a controlling stake in the Chicago White Sox. The founder of Shore Capital Partners will inject money into the team this year and in 2026. In turn, he will have the option to acquire a controlling interest from 2034, according to a statement from the White Sox on Thursday. The White Sox have been one of the worst-performing teams in the history of Major League Baseball.

2 weeks ago | news.bloomberglaw.com | Randall Williams |Giles Turner

Blackstone Inc. and CVC Capital Partners are no longer part of a private equity group that had won preliminary approval to invest in NFL teams, according to people familiar with the matter. The two firms were part of a consortium that included Dynasty Equity, Carlyle Group Inc. and former NFL running back Curtis Martin. Collectively, they comprised one of four groups the league initially allowed last year to buy 10% stakes in teams.

2 weeks ago | news.bloomberglaw.com | Randall Williams |Giles Turner

Blackstone Inc. and CVC Capital Partners are no longer part of a private equity group that had won preliminary approval to invest in NFL teams, according to people familiar with the matter. The two firms were part of a consortium that included Dynasty Equity, Carlyle Group Inc. and former NFL running back Curtis Martin. Collectively, they comprised one of four groups the league initially allowed last year to buy 10% stakes in teams.

2 weeks ago | bloomberg.com | Randall Williams |Giles Turner

DENVER, CO - SEPTEMBER 17: A close up view of a Wilson The Duke game football on the field during the second quarter of a game between the Denver Broncos and the Washington Commanders at Empower Field at Mile High on September 17, 2023 in Denver, Colorado. (Photo by Justin Edmonds/Getty Images)(Bloomberg) -- Blackstone Inc. and CVC Capital Partners are no longer part of a private equity group that had won preliminary approval to invest in NFL teams, according to people familiar with the matter.