
Harris Blitzer Sports & Entertainment owns 1 brand in our database. Browse the complete portfolio of Harris Blitzer Sports & Entertainment subsidiaries and brands across various industries.
Company Type
private
Headquarters
Camden, New Jersey, USA
Brand Portfolio
1 brands
What teams does HBSE own?
HBSE owns the Philadelphia 76ers (NBA), New Jersey Devils (NHL), Delaware Blue Coats (NBA G League), and Utica Comets (AHL). In June 2025, HBSE was awarded a Philadelphia WNBA expansion team for a $250 million franchise fee, with play beginning in 2030. The company also holds minority stakes in Crystal Palace (Premier League) and Joe Gibbs Racing (NASCAR).
Who owns Harris Blitzer Sports & Entertainment?
HBSE is privately owned by Josh Harris and David Blitzer. Harris is a co-founder of Apollo Global Management and Blitzer is a senior managing director at Blackstone Group. A group of limited partners holds minority stakes, including David Adelman, Art Wrubel, Jason Levien, and others.
How much is HBSE worth?
CNBC valued HBSE at $14.58 billion in July 2025, ranking it third on its 2025 Most Valuable Sports Empires list. The valuation reflects the aggregate value of the company's sports franchise holdings, venue operations, and investment portfolio.
Does Josh Harris own the Washington Commanders through HBSE?
No. Josh Harris acquired the Washington Commanders in 2023 for approximately $6.05 billion through a separate ownership group, not through HBSE. However, HBSE does manage non-NFL events at Northwest Stadium, the Commanders' home venue in Landover, Maryland.
Is HBSE publicly traded?
No. HBSE is a privately held company with no plans for an initial public offering. In September 2025, Josh Harris stated at CNBC's Game Plan conference that sports assets trade below their intrinsic value in public markets, making private ownership preferable.
Who is the CEO of HBSE?
Tad Brown serves as CEO of Harris Blitzer Sports & Entertainment. Bob Myers, former general manager of the Golden State Warriors, was named company president in October 2025.
How much did Harris and Blitzer pay for the 76ers?
Josh Harris and David Blitzer led an investment group that purchased the Philadelphia 76ers from Comcast Spectacor in 2011 for approximately $280 million. The franchise's value has increased substantially since the acquisition based on NBA franchise valuation trends.
What arena do the 76ers play in?
The 76ers currently play at the Wells Fargo Center in Philadelphia. In January 2025, HBSE abandoned plans for a downtown arena called 76 Place at Market East and announced a partnership with Comcast Spectacor to build a new arena in the South Philadelphia Sports Complex, expected to open by 2031. The new arena will also host the Philadelphia Flyers and the Philadelphia WNBA team.
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Harris Blitzer Sports & Entertainment maintains a diverse portfolio of 1 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
For consumers and researchers interested in corporate ownership structures, understanding which brands are owned by Harris Blitzer Sports & Entertainmentprovides valuable insights into market dynamics, product relationships, and corporate strategy.