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Laurene Jobs agrees to buy a 20 percent stake in Monumental
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4th&long
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Joined: 05 May 2017
PostPosted: Wed Oct 04, 2017 10:20 pm    Post subject: Laurene Jobs agrees to buy a 20 percent stake in Monumental Reply with quote

Leonsis sell a chunk of his sport empire. Impact on AFL??

http://www.njherald.com/article/20171003/AP/310039744#

>WASHINGTON (AP) Billionaire executive Laurene Powell Jobs has agreed to buy a 20 percent stake in Ted Leonsis' Monumental Sports & Entertainment.

A spokeswoman for Monumental confirmed to The Associated Press that there is an agreement in place with Powell Jobs pending approval from the NBA and NHL. Monumental owns the Washington Wizards, Capitals, Mystics and the Arena Football League's Washington Valor and Baltimore Brigade.
A spokeswoman for Monumental confirmed to The Associated Press that there is an agreement in place with Powell Jobs pending approval from the NBA and NHL. Monumental owns the Washington Wizards, Capitals, Mystics and the Arena Football League's Washington Valor and Baltimore Brigade.<
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AFLNerd36
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Joined: 19 Jun 2016
PostPosted: Thu Oct 05, 2017 12:10 am    Post subject: Reply with quote

If nobody else steps up and starts a new team this season, or there is still an uneven number of teams this season, MSG could start a new team in northern Virginia... that is a possibility. Another possibility is Leonsis could own the NJ team if the Devils don't start a new AFL team there, or he could become a part-owner of the NJ team as well. More money, more opportunities.
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