Question: Is it right for one person to be an owner in 5 sports NFL, NHL, NBA, MLS, and EURO Soccer ?

[mjp28]

Question:  Is it right or good for one person to be an owner in 5 sports leagues NFL, NHL, NBA, MLS, and EURO Soccer ? 

Does it matter  ?  Well say hi to your new Cleveland Guardians minority owner.

CLEVELAND, Ohio (WKBN) – The Cleveland Guardians have a new minority owner. David Blitzer, who has ownership shares in the Philadelphia 76ers and New Jersey Devils, has been approved by Major League Baseball.

MLB Commissioner Rob Manfred announced the approval on Thursday, and it is pending closing. The Guardians have not commented on the news.

He is the first person to have equity in all five major sports leagues including the NFL, NHL, NBA, MLS, and a handful of European soccer teams.

Blitzer will assume 25-30% ownership of the Guardians and will be able to potentially increase his ownership stake to a controlling interest in the future.

The Guardians are currently owned by Paul Dolan. He has been seeking a minority investor for more than a year after previous minority stakeholder John Sherman purchased the Kansas City Royals.

[mjp28]

I was debating on putting this on the main board here and the TRIBE FORUM .   It kind of crosses over a variety of sports and sports and ethical issues. 

Are all major sports strictly for multi-billionaires now  -and-  is that good ?  Forget fair that left long ago.

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 David Blitzer participates in a New Jersey Devils press conference Thursday, Aug. 15, 2013, in Newark, N.J. Major League Baseball has approved the sale of a minority stake in the Cleveland Guardians to David Blitzer, who also has ownership shares in the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, two people familiar with the deal told the Associated Press on Thursday, June 16, 2022. (AP Photo/Julio Cortez, File) Read Less