[Ruby_E_Template slug="header"]
The Tea NewsThe Tea News
Font ResizerAa
  • Home
  • Sports
  • Technology
  • Agriculture
  • Entertainment
  • Business
Search
  • Home
  • Sports
  • Technology
  • Agriculture
  • Entertainment
  • Business
Have an existing account? Sign In
Follow US
Sports

Reports: David Blitzer close to sale of Real Salt Lake, Utah Royals

The Tea News
Last updated: March 29, 2025 10:19 pm
The Tea News Published March 29, 2025
MLS: FC Dallas at Real Salt LakeSep 4, 2021; Sandy, Utah, USA; A general overall view of Rio Tinto Stadium. The venue is the home of Real Salt Lake. Mandatory Credit: Kirby Lee-Imagn Images

Billionaire businessman David Blitzer is in advanced talks to sell a large stake in both Real Salt Lake of MLS and the Utah Royals of NWSL after owning both franchises since 2022, Sportico reported.

No potential purchase price was reported.

The Larry H. Miller family is set to take over a controlling stake of both clubs, while Blitzer is expected to retain a portion of ownership. The Miller family is the former principal owner of the NBA’s Utah Jazz, who sold an 80 percent stake in that franchise in 2022.

The Miller family was interested in purchasing Real Salt Lake when Blitzer acquired the teams from Dell Loy Hansen three years ago. That sale occurred after Hansen had been called out for multiple incidents of racist behavior in a story by The Athletic.

Blitzer reportedly purchased Real Salt Lake, Rio Tinto Stadium, the team’s training facility and the club’s MLS Next Pro team for $400 million. He also assumed the rights for an NWSL club, which became the Royals in 2024 after paying a discounted $2 million expansion fee.

–Field Level Media

Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

[Ruby_E_Template id="2018"]
© 2024 Birght Side News. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?