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Washington Wizards


Founded

1961

Sector

Sports property

Company Size

501-1000

Location

Washington, DC

Victor Wembanyama’s San Antonio Spurs debut sees 1.63m tune in on ESPN

Frenchman's debut against Hornets delivers second-highest TV audience ever for Summer League game.

Content & Programming

11 July 2023

NBA’s Adam Silver rules out imminent sovereign wealth fund team ownership

League’s commissioner says there is “no contemplation right now” to allow state-owned funds to control franchises.

Politics & Governance

11 July 2023

Reports: Qatari state fund to buy 5% stake in Wizards, Capitals and Mystics owner Monumental

QIA would become the first sovereign wealth fund to co-own a US sports franchise.

Politics & Governance

23 June 2023

Report: Phoenix Suns receive US$3bn takeover bid from venture capitalist group

Deal for NBA franchise could include financing from PayPal co-founder Peter Thiel.

Acquisitions

12 December 2022

Jeff Skoll becomes minority investor in Monumental Sports and Entertainment

Former eBay president reportedly invests US$300m for minority stake of less than 10%.

Investment

1 December 2022

Robert Sarver to sell Phoenix Suns and Mercury after NBA suspension backlash

Billionaire ‘seeking buyers’ as sponsors and vice chair call for him to go following misconduct findings.

Politics & Governance

22 September 2022

Report: Ted Leonsis exploring Washington Nationals bid

MSE founder and CEO aiming to add to DC sports franchise portfolio.

Investment

25 August 2022

Washington Wizards owner MSE acquires NBC Sports Washington

MSE acquires remaining 67% share in RSN from Comcast-owned media giant.

Acquisitions

24 August 2022