Over the last decade, private equity investor Josh Harris has built one of the largest conglomerates in sports.
Harris Blitzer Sports & Entertainment, which he co-founded with Blackstone executive David Blitzer in 2017, owns majority stakes across many of the most valuable sports leagues in the world. That includes stakes in the NFL's Washington Commanders, the NBA's Philadelphia 76ers, the NHL's New Jersey Devils and the Premier League's Crystal Palace. Earlier this year, the group paid a $250 million franchise fee for a Philadelphia WNBA expansion team, expected to begin play in 2030.
That has quickly made HBSE one of the most valuable sports ownership groups in the world. In fact, it ranked third in CNBC's 2025 Most Valuable Sports Empires list at a value of $14.58 billi