Haslam Sports activities Group has bought a ten% stake within the Columbus Crew to the Edwards household at a franchise valuation of $900 million, Sportico reported Tuesday.
The Edwards household was already a companion within the MLS membership and now owns 30% of the workforce, with Haslam Sports activities Group — the dad or mum firm for Jimmy and Dee Haslam’s sports activities property — controlling the opposite 70%, per the report.
Earlier this 12 months, Sportico ranked Columbus eighth in MLS with a workforce valuation of $730m.
The workforce declined the publication’s request for touch upon the transaction.
The Crew received the 2023 MLS Cup and 2024 Leagues Cup and have bought out practically each residence match since Decrease.com Area opened in 2021 at a price of $314m.
The Haslam Sports activities Group additionally owns the NFL’s Cleveland Browns and has a controlling curiosity within the NBA’s Milwaukee Bucks.