Daily News | A closer look at Sixers owner Josh Harris’ portfolio of sports investments
Josh Harris has deep connections to the East Coast and its major sports towns.
A native of Chevy Chase, Md., Harris grew up cheering for Washington sports teams and his father was a Bullets season ticket holder. He attended Penn’s Wharton School and Harvard Business School, and returned to Philly decades later to purchase the 76ers alongside his business partner, David Blitzer.
Now, he wants to do the same in Washington. The 76ers managing partner, whose 2022 push to buy the Denver Broncos fell short, isfor the Washington Commanders. While this continues Harris’ pursuit of teams with which he has a personal connection, it’s also part of Harris Blitzer Sports & Entertainment’s grander plan to land marquee franchises. In fact, Harris and Blitzer recently sought to extend their reach beyond U.S.
If Harris were to gain ownership of the Commanders, the team would be added to an HBSE ownership portfolio that currently includes the Sixers, NHL’s New Jersey Devils, NFL’s Pittsburgh Steelers, and the English Premier League’s Crystal Palace Football Club.Here’s a closer look at Harris’ current ownership portfolio, a wide-ranging that contributes to his estimated $5.9 billion net worth.
in 2011. Will Smith and Jada Pinkett Smith were also minority investors in the group. As part of the deal, Harris Blitzer Sports & Entertainment also owns the Delaware Blue Coats, the Sixers’ G League affiliate.. In 2013, they paid $320 million for the New Jersey Devils and the Prudential Center. They also took on $230 million of debt incurred from the previous owner. Similar to the Sixers, the Devils also have an affiliate team. HSBE also owns the AHL’s Utica Comets.
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