The Portland Trail Blazers are officially for sale. The estate of Paul Allen, the franchise's late owner, announced May 13 it has commenced a formal sales process for the team. The investment bank ...

Two weeks after the Boston Celtics won their 18th title in franchise history, the future of the organization is in question. Celtics majority owner Wyc Grousbeck is planning to make the franchise ...

The Celtics now know who their new owners will be going forward, ushering in a new era for the winningest franchise in the NBA. The Celtics are being sold to William Chisholm, managing partner of ...

In the past week alone, news has surfaced that two Major League Baseball franchises could be for sale soon. Could they also be on the move? Last Thursday, the owners of the Minnesota Twins — the Joe ...

PORTLAND, Ore. May 13, 2025 5:30 p.m. Updated: May 14, 2025 1:20 a.m. FILE - Portland Trail Blazers general manager Joe Cronin, left, and owner Jody Allen courtside at a Trail Blazers game in Portland ...

Ready to buy a franchise? If you’re an animal lover, you may want to consider one of the top pet franchises as your next business venture. Whether you’re all about dogs or have a soft spot for cats, ...

The Jumbo Shrimp are the farm club for the Miami Marlins.

The Boston Celtics added another record to their historic résumé after being sold for $6.1 billion to a group led by Bill Chisholm, co-founder of Symphony Technology Group. The sale price is a record ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. The dream of being your own boss and building a business ...

When billionaire mortgage lender Mat Ishbia agreed to purchase the Suns for $4 billion Tuesday, it marked the highest sale price of an NBA franchise. The Suns’ purchase also ranks second among the ...