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 accomplice within the MLS membership and now owns 30% of the crew, with Haslam Sports activities Group — the father or mother firm for Jimmy and Dee Haslam’s sports activities property — controlling the opposite 70%, per the report.
Earlier this yr, Sportico ranked Columbus eighth in MLS with a crew valuation of $730m.
The crew declined the publication’s request for touch upon the transaction.
The Crew gained the 2023 MLS Cup and 2024 Leagues Cup and have bought out almost each dwelling match since Decrease.com Area opened in 2021 at a value 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.