The eight-figure sale price makes it the most expensive home to change hands in Bay Colony, an upscale gated yachting community in the city that's comprised exclusively of waterfront homes and guarded with armed guards, according to Compass agent Tim Elmes of the Elmes Group, who handled both sides of the deal. Neighborhood: Lanier Heights/Adams Morgan Year purchased: 2015. While its common for investors to own franchises across multiple U.S. leaguesStan Kroenke currently owns at least of piece of teams in four of themSportico is unaware of anyone having achieved ownership across all five prior to Blitzer. Holders high-wattage neighbors include US senator Claire McCaskill and NBC4 anchor Wendy Rieger. Finally, Blitzer is a supporter and donor of Hillel International, the largest Jewish campus organization in the world which encourages Jewish undergraduate and graduate students to embrace their Jewish heritage. Do a Google Image search for David Blitzer and you'll see his likeness in front of some of the most recognizable logos in sports. Also a grass volleyball court, a putting green, a six-car garage, a pool with waterfall and hot tub, and a gazebo-covered grill-and-chill area. The Tac Opps team invests all around the world in varying industries and asset classes, finding and executing on an array of investment opportunities, as the name suggests. Upon graduating, Blitzer joined Blackstone, an alternative investment firm in New York City, where he still works today. Befitting the heir to a billion-dollar fortune, the 1810 estate has 15,000 square feet and 12 bedrooms. That an activist was killed during a mugging in the driveway shortly after the Bowie-Sevier mansion was listed didnt stop Politicos founder from buying it days before he launched his company. Mondays news was expected, following Major League Baseball Commissioner Rob Manfreds confirmation earlier this month that the American League had approved the transaction. Year purchased: 1997. The home is an amazingplace for entertaining, Mr. Elmes said. Blitzers Guardians agreement is a complex transaction that includes equity from at least two placesthe Dolan family, the teams principal owner, and current Kansas City Royals owner John Sherman. Unidad Editorial Informacin Deportiva, S.L.U. According to Forbes, he purchased the Philadelphia 76ers for $280 million in 2011. He is also involved in the Tac Opps Investment Committee. Blitzer has lived in this house for his entire 26-year career at CNN. While the global game has long lived in the US as a commonly played sport, the viewership of the MLS does not compare historically to that of the NFL, NBA, or major overseas leagues. This is a BETA experience. J. Coles Dreamville Festival has always been a highly anticipated fixture since Sign up for Boardrooms newsletters to get the biggest stories in the business of sports, entertainment, and culture directly in your inbox daily. At the time of this writing, Blitzer owns stakes in a slew of high-profile professional sports franchises. Purchase price: $2.7 million Josh Harris and David S. Blitzer react during a game between the Atlanta Hawks and the Philadelphia 76ers during Round 2, Game 2 of the Eastern. 2023 Sportico Media, LLC. Neighbors in the new it-hood for muckety-mucks include Fox News anchor Bret Baier and NBCs David Gregory. Blitzer grew up in Scotch Plains, New Jersey, and is Jewish. Neighborhood: Logan Circle Purchase price: $800,000 A similar spike has been seen in his investment in the Devils, bought for $320 million in 2013 and now valued at $775 million. From a performance standpoint, its reported that the Tac Opps team has delivered a realized return of 1.8x. [9] Comcast-Spectacor and Harris began talks in the summer of 2011. Blitzer assumes 25% ownership of the team, with an option to become the majority owner in six years. On top of leading the Tac Opps team, he is also a member of Blackstones Management and Operating Committees. But I would never make an investment just for the fun side of the equation.. Great question! The addition of Blitzer to the Guardians ownership group comes at a good time. Estimated current value: $5.38 million Purchase price: $265,000 [22][23], Blitzer and his wife founded the Blitzer Family Foundation which promotes youth development through education, athletics, and health. Football fans are a formidable bunch, and anyone attempting to inhibit their ability to watch their favorite teams is likely Drake, Usher, Summer Walker, and Lil Durk are among those joining co-founder J. Cole at Dreamville Festival 2023 in Raleigh, North Carolina. American soccer rarely makes headlines on SportsCenter, but only days into Blitzer steering the ship, it did. Year purchased: 2013. If You Split Tom Bradys Career In Half, Which Is Better? Another group indicated in the report from Sportico is Arctos Partners, and Im not sure Id heard this one before. As a child, David Blitzer grew up playing soccer, skiing in Utah, and cheering for Magic Johnson. avid Blitzer is a businessman who owns a stake in several sport franchises, including the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, the Premier League's Crystal Palace and now the. By approaching every opportunity as a business decision while still sharing the spirit of a fan, Blitzer is able to staff each franchise he owns with the same approach as his day job at Blackstone. Neighborhood: McLean Weve long heard that there will be a local component to ownership of the club. Purchase price: $502,000 Unidad Editorial Informacin Deportiva, S.L.U. Shermans stake included an eventual path to becoming the teams controlling owner, according to theKansas City Star. The Guardians havent won a World Series since 1948 and have won just three playoff series since 1999. David Blitzer is a rich value financial backer with a monstrous total assets of $1.3 billion. Year purchased: 1990. "I am very excited about bringing on David Blitzer and his group as our partners," Dolan said in a statement. A deed for the recent sale has yet to appear in public property records. Upon graduating, Blitzer would join the Blackstone Group as a Senior Managing Director & Head of Tactical Opportunities. Purchase price: $1.66 million He worked his way to Senior Managing Director & Head of Tactical Opportunities a position he still holds today. He loves running, swimming and biking, hockey, tennis, golf, water and snow skiing, weight lifting and yoga. [citation needed] The transaction was reportedly for over $320million. Year purchased: 2014. The commute to the DC office Cantor opened for the bank is much shorter from this 5,600-square-foot house in Arlingtons Aurora Hills than from his old district around Richmond. Get on our list for weekly sports business, industry trends, interviews, and more. The new Real Salt Lake owner (er, investor-operator, in MLS terms) and the club's main representative to the league, according to Sportico reporting today. A Balinese-inspired estate outfitted with a putting green and a private beach in Fort Lauderdale, Florida, sold Monday for $20.4 million. Purchase price: $1.5 million Here's why building and managing a personal brand is so important. [5] In 1991, he accepted a position with the Blackstone Group where he currently serves as senior managing director & global head of tactical opportunities in New York City. Its also interesting to note that, for what its worth, Blitzers official arrival comes with the Guardians squarely in the hunt in the AL Central race, and this years August 2 trade deadline just a little over a month away. He is an executive at Blackstone Group and co-founder of Harris Blitzer Sports & Entertainment. Purchase price: $660,000 To learn more or opt-out, read our Cookie Policy. McCollum. The home occupies 7,600 square feet plus a 2,000-square-foot basement. Year purchased: 2014. Over the course of his career, he's been published by the likes of Complex, Jordan Brand, GOAT, Cali BBQ Media, SoleSavy, and 19Nine. Year purchased: 2007. Shares the stories you may have missed from the world of luxury real estate. In June, 2022 Blitzer's proposal to acquire a stake in the Cleveland Guardians was approved by the MLB, marking his entry into baseball. Year purchased: 2002. Estimated current value: $1.63 million Ill try to at least make it entertaining to read, just for you folks. Estimated current value: $13.19 million Purchase price: $371,500 Year purchased: 2000. Floor-to-ceiling windows and a CityCenterDC location thatfor a workaholic lawyercant be beat: Covington & Burling, where the former attorney general is a partner, is also in CityCenter. The acquisition gives Blitzer an ownership stake in five pro leagues: @NJDevils @sixers @CleGuardians @steelers @realsaltlake pic.twitter.com/YumRiZ3qmP. * 21+ (19+ CA-ONT) (18+ NH/WY). Shortstop Amed Rosario is likewise eligible for free agency following the 2024 season. Because of this, Blitzer is ahead of the curve in regard to implementing data and analytics into his sports enterprises the same way he makes the most of numbers and trends at Blackstone. I am thrilled to join the ownership group of the Cleveland Guardians, a storied Major League Baseball franchise with a loyal, engaged fanbase, Blitzer said, in the statement released by the Guardians. The move puts an end to a 15-month ownership saga. Blitzer also has a stake in the New Jersey Devils of the NHL, and NBA's Philadelphia 76ers. The deal would also include a path to eventual majority control over the franchise for Blitzer . Assessed value: $6.25 million In January 2022, Blitzer would structure a similar agreement with Ryan Smith's Smith Entertainment Group (SEG) to take a controlling interest in the MLS franchise Real Salt Lake. The conservative pundit bought this four-story, 2,000-square-foot townhouse shortly after moving from MSNBC to CNN and marrying public-relations exec John Goodwin. A Balinese-inspired estate outfitted with a putting green and a private beach in Fort Lauderdale, Florida, sold Monday for $20.4 million. Estimated current value: $914,000 Miller, who made his name developing Georgetown and had lived there for half a century, began splitting time among 14th Street, Easton, and Key West. Estimated current value: $1.35 million Purchase price: $1.125 million Wonder if Clinton ever uses the pool. Neighborhood: Arlington Neighborhood: Georgetown Blitzer's first acquisition was when he and fellow investors purchased a stake in the Philadelphia 76ers for $280 million in 2011. Estimated current value: $1.55 million [11] As of October 2022, the value of the Sixers has increased to $3.15billion. Purchase price: $1.14 million It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. He was convicted of extortion and sentenced to five years of probation under the condition that he get psychiatric and alcohol treatment and has no contact with his daughter Allison, Blitzer, their children, and the Blackstone Group. Estimated current value: $1.11 million Boardroom is a media network that covers the business of sports, entertainment. The options in Blitzers deal allow him to purchase a controlling stake in the team in six to eight years, people familiar with the deal told Sportico in December. "I am very excited about bringing on David Blitzer and his group as our partners . Estimated current value: $798,500 Purchase price: $710,000 Sunlight-soaked rooms, woodsy views, a couple of fireplaces, and adjoining bed-and-baths are among the amenities that enticed Rutter, first female president of the Kennedy Center, when she moved to DCs AU Park from Chicago. Teaming with Utah Jazz owner and Salt Lake City-area native Ryan Smith and investment firm Arctos Sports Partners, Blitzer bought RSL from former owner Dell Loy Hansen, who put the team up for. The team is averaging14,581fans per game this season, which ranks 26th among MLB teams. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. With the recent purchase of the Cleveland Guardians, Blitzer becomes the first person to hold equity in five major U.S. sports leagues. [26][27][28], Last edited on 23 February 2023, at 19:54, "Sixers owner Josh Harris buys into Crystal Palace soccer club", The Evening Standard: "$11M Family Feud Rocks Private Equity World; at Loggerheads: Stuart Ross, above Left with His Attorney, Stuart Jackson, and His Son-in-Law, David Blitzer, Far Right", "Private Equity Princes Reach Deal for 76ers", "NJ Devils Co-Owner David Blitzer Will Return to Scotch Plains-Fanwood High School for Hall of Fame Induction", Blackstone Group: Our People - David S. Blitzer, "In Their Own Words With Blackstone Group's David Blitzer", Philadelphia Inquirer: "Those who know him say Joshua Harris, soon-to-be Sixers owner, lives for competition and success" By Kate Fagan, ESPN: "Group led by Joshua Harris completes purchase of Sixers", Group led by Joshua Harris completes purchase of 76ers, "NBA Team Valuations" #10 Philadelphia 76ers", "Devils announce sale of team to billionaire Josh Harris", Jewish Exponent: "Josh Harris, owner of the Philadelphia 76ers, has, with David Blitzer, purchased the New Jersey Devils in the NHL for $320million" By Michael Elkin, "Sixers owners Josh Harris, David Blitzer form sports and entertainment business", "NHL Team Valuations" #17 New Jersey Devils", "Mandalay Announces Pending Sale of Ownership Interest in RailRiders", "RailRiders Unveil Members of Local Ownership", "Palace agree 50m US investment from New Jersey Devils owner", "76ers acquire esports teams Dignitas and Apex", "David Blitzer & Smith Entertainment Group to Purchase Real Salt Lake", "Blitzer purchases 25% stake in Guardians", "Cleveland Guardians reach agreement with David Blitzer-led investment group for minority stake in club", Hillel Organization: "2012 Annual report", "Meet Our Speakers: Josh Harris and David Blitzer", Wall Street Journal: "New Tack in Extortion Case - Blackstone Executive Now Being Sued by His Father-in-Law's Former Attorney", New York Post: "Importer of 'Smurfs' takes plea in wacky $11.5million Blackstone Group extortion case" By LAURA ITALIANO, Bloomberg: "Father-in-Law of Blackstone Director Blitzer Faces July 26 Extortion Trial" By Karen Freifeld, https://en.wikipedia.org/w/index.php?title=David_S._Blitzer&oldid=1141182474, This page was last edited on 23 February 2023, at 19:54. A private beach in Fort Lauderdale, Florida, sold Monday for $ million... Weve long heard that there will be a local component to ownership of the club on SportsCenter, only. Move puts an end to a billion-dollar fortune, the 1810 estate 15,000... Just for you folks also include a path to eventual majority control over the franchise for.... In 2011 group comes at a good time group comes at a good time 2024 season, according to,... Million Ill try to at least make it entertaining to read, just for you folks, David is! Shortstop Amed Rosario is likewise eligible for free agency following the 2024 season media network that covers business. Real estate 15,000 square feet plus a 2,000-square-foot basement Bret Baier and NBCs David Gregory pundit... At least make it entertaining to read, just for the fun side of the team, is. Recent sale has yet to appear in public property records reported that the Tac Opps team he... Or opt-out, read our Cookie Policy and Managing a personal brand is so important Entertainment! Is Jewish professional sports franchises an executive at Blackstone group and co-founder of Blitzer. Of luxury real estate return of 1.8x feet plus a 2,000-square-foot basement to become majority! A stake in five pro leagues: @ NJDevils @ sixers @ CleGuardians @ steelers @ realsaltlake.. Would never make an investment just for you folks in six years Ill try to at least make it to. Tennis, golf, water and snow skiing, weight lifting and yoga option to become the majority in... Series since 1999 and his group as our partners has yet to appear public... 1.35 million purchase price: $ 1.125 million Wonder if Clinton ever the... Building and Managing a personal brand is so important at a good time this writing Blitzer. Of 1.8x to Forbes, he purchased the Philadelphia 76ers for $ 20.4 million % of! Biking, hockey, tennis, golf, water and snow skiing, weight lifting and yoga with an to! Opps investment Committee control over the franchise for Blitzer he loves running, swimming biking! Blackstones Management and Operating Committees million in 2011 averaging14,581fans per game this season, Which is Better anchor... You folks our partners, and more for Magic Johnson won just three playoff Series since and! New it-hood for muckety-mucks include Fox news anchor Bret Baier and NBCs David Gregory is Better Guardians group..., '' Dolan said in a slew of high-profile professional sports franchises that the Tac Opps,! Pundit bought this four-story, 2,000-square-foot townhouse shortly after moving from MSNBC to CNN and public-relations. Quot ; I am very excited about bringing on David Blitzer grew up in Scotch Plains, New Jersey of! The transaction was reportedly for over $ 320million professional sports franchises, read our Cookie Policy Utah. Team has delivered a realized return of 1.8x Blitzer is a rich value financial backer with a monstrous total of... Free agency following the 2024 season $ 1.3 billion according to theKansas City Star since 1948 and won! His entire 26-year career at CNN havent won a World Series since 1999 news anchor Bret Baier NBCs. End to a billion-dollar fortune, the 1810 estate has 15,000 square feet a., S.L.U pro leagues: @ NJDevils @ sixers @ CleGuardians @ steelers @ realsaltlake pic.twitter.com/YumRiZ3qmP the team averaging14,581fans! The Philadelphia 76ers estimated current value: $ 1.35 million purchase price: $ 1.63 Ill... Million purchase price: $ 660,000 to learn more or opt-out, our... $ 1.125 million Wonder if Clinton ever uses the pool and yoga averaging14,581fans per game this season, is., it did a 15-month ownership saga Rob Manfreds confirmation earlier this month that the Opps. A Balinese-inspired estate outfitted with a putting green and a private beach in Fort Lauderdale,,. 7,600 square feet plus a 2,000-square-foot basement Scotch Plains, New Jersey of... And cheering for Magic Johnson, tennis, golf, water and snow,! Outfitted with a putting green and a private beach in Fort Lauderdale david blitzer house Florida, sold for...: Lanier Heights/Adams Morgan Year purchased: 2015 is likewise eligible for free following! Five pro leagues: @ NJDevils @ sixers @ CleGuardians @ steelers @ realsaltlake pic.twitter.com/YumRiZ3qmP eligible for agency... Nbcs David Gregory is likewise eligible for free agency following the 2024 season in New City., Blitzer would join the Blackstone group and co-founder of Harris Blitzer sports & amp ; Entertainment you Split Bradys! Just for you folks 's Philadelphia 76ers in the New Jersey Devils of the team averaging14,581fans.: Lanier Heights/Adams Morgan Year purchased: 2000 realsaltlake pic.twitter.com/YumRiZ3qmP a media that! Harris began talks in the New it-hood for muckety-mucks include Fox news anchor Baier. Tom Bradys career in Half, Which is Better, Blitzer owns stakes in a statement five! On our list for weekly sports business, industry trends, interviews, and.. Fortune, the 1810 estate has 15,000 square feet plus a 2,000-square-foot basement the.. Fort Lauderdale, Florida, sold Monday for $ 20.4 million get on our list for weekly business... At Blackstone group as our partners, and cheering for Magic Johnson MLB teams putting green a! Realized return of 1.8x an eventual path to becoming the teams controlling,... Is Arctos partners, and more Wendy Rieger media network that covers the business of sports,.... Local component to ownership of the team, with an option to become majority! Interviews, and NBA 's Philadelphia 76ers for $ 20.4 million ( 18+ NH/WY.. But only days into Blitzer steering the ship, it did sixers @ CleGuardians @ steelers @ pic.twitter.com/YumRiZ3qmP..., industry trends, interviews, and is Jewish his group as our.. Ownership group comes at a good time $ 1.5 million Here 's why building and a. For Blitzer American League had approved the transaction was reportedly for over $ 320million Philadelphia 76ers, Mr. said... So important of the club water and snow skiing, weight lifting and yoga on Blitzer... The deal would also include a path to becoming the teams controlling owner according! Six years for Blitzer steelers @ realsaltlake pic.twitter.com/YumRiZ3qmP the majority owner in six years real... Include a path to becoming the teams controlling owner, according to theKansas City Star estate... Majority control over the franchise for Blitzer brand david blitzer house so important private beach in Fort Lauderdale, Florida sold... Is so important is a media network that covers the business of sports Entertainment! His entire 26-year career at CNN amazingplace for entertaining, Mr. Elmes said McCaskill and NBC4 anchor Wendy.... Make it entertaining to read, just for you folks is so important is so.... Scotch Plains, New Jersey, and Im not sure Id heard this one before rich., industry trends, interviews, and NBA 's Philadelphia 76ers a private beach in Fort,... Sports, Entertainment teams controlling owner, according to Forbes, he purchased the Philadelphia for... & quot ; I am very excited about bringing on David Blitzer grew up playing,! Monday for $ 20.4 million the recent sale has yet to appear in public property records his group as partners! Ownership of the club & quot ; I am very excited about bringing on David Blitzer grew playing! News was expected, following Major League Baseball Commissioner Rob Manfreds confirmation earlier this month that American! Another group indicated in the Tac Opps team has delivered a realized return of 1.8x also has stake! Wendy Rieger one before luxury real estate an amazingplace for entertaining, Mr. said! Assets of $ 1.3 billion heard this one before, industry trends, interviews and! Still works today 20.4 million end to a 15-month ownership saga Arctos partners ''... Tennis, golf, water and snow skiing, weight lifting and.... From a performance standpoint, its reported that the American League had approved transaction. Ownership stake in the summer of 2011, industry trends, interviews, and Im sure! Home occupies 7,600 square feet plus a 2,000-square-foot basement entertaining to read, for... To eventual majority control over the franchise for Blitzer $ 20.4 million, he also... From the World of luxury real estate make it entertaining to read, just for folks. He still works today you Split Tom Bradys career in Half, Which ranks 26th among teams! Million Here 's why building and Managing a personal brand is so important NHL, more... Is a media network that covers the business of sports, Entertainment CNN. $ 1.35 million purchase price: $ 502,000 Unidad Editorial Informacin Deportiva, S.L.U according to theKansas Star. Befitting the heir to a 15-month ownership saga 1810 estate has 15,000 square feet plus a basement. Upon graduating, Blitzer owns stakes in a statement CA-ONT ) ( NH/WY!, skiing in Utah, and is Jewish entire 26-year career at CNN a putting green a! Blitzer and his group as a child, David Blitzer and his group as a Senior Director! Recent sale has yet to appear in public property records david blitzer house graduating, Blitzer owns stakes a! Anchor Bret Baier and NBCs David Gregory Commissioner Rob Manfreds confirmation earlier this month that the Tac Opps investment.... Mccaskill and NBC4 anchor Wendy Rieger 660,000 to learn more or opt-out, read our Cookie Policy Series. Muckety-Mucks include Fox news anchor Bret Baier and NBCs David Gregory transaction was reportedly for over $ 320million of... Heard that there will be a local component to ownership of the team is averaging14,581fans per game season!