Sports
NHL, NBA Team Owners Purchase Stake In Steelers: Report
The owners of the New Jersey Devils and Philadelphia 76ers have invested millions in the Steelers, a published report says.
PITTSBURGH, PA —The same pair that own the NHL's New Jersey Devils and the NBA's Philadelphia 76eers have purchased a minority interest in the Steelers, according to a published report.
Josh Harris and David Blitzer have acquired a stake of less than 5 percent in the football team. The Bloomberg report said the Wall Street financiers might have invested as much as $140 million based on the $2.8 billion the team was valued at in September by Forbes.
The Steelers had been looking for a new investor after David Tepper, a former minority owner of the team, purchased the Carolina Panthers in 2018.
Find out what's happening in Pittsburghfor free with the latest updates from Patch.
Harris and Blitzer reportedly are considering making an offer to buy the New York Mets.
Find out what's happening in Pittsburghfor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
