Seattle NBA Expansion: BlackSun Private Equity and Tulalip Tribes Form Bid - Archysport
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Seattle NBA Expansion: BlackSun Private Equity and Tulalip Tribes Form Bid - Archysport
An alternative investment group has emerged in the race to bring an NBA franchise back to Seattle, establishing a partnership with a regional Native American tribe to pursue a potential expansion team. According to reporting by The Athletic, BlackSun Private Equity has joined forces with the Tulalip Tribes to explore stadium development and ownership opportunities ...
New arena for Seattle would be erected in Marysville with entertainment districtBlackSun Private Equity joins Tulalip to compete NBA expansion franchise in Seattle
Second Bidder For Seattle Franchise Emerges, Wants To Build New Arena
A second bidder for a potential expansion NBA franchise in Seattle has surfaced with a plan to build a new arena, Christian Clark and John Hollinger of The Athletic report. This development comes at a crucial time, as the league is moving closer to making a decision on expansion with Las Vegas and Seattle the frontrunners for new teams. The league and PJT Partners, the financial firm hired to advise on expansion exploration, asked bidders who ha…
Second bidder emerges for Seattle expansion
A second group is developing a plan to bring an NBA expansion franchise back to Seattle, with BlackSun Private Equity partnering with the Tulalip Tribes on a proposed arena and entertainment district north of the city. The Athletic reported Friday that BlackSun, a New York-based private equity firm that submitted a bid for an NBA […] The post Second bidder emerges for Seattle expansion appeared first on TalkBasket.net.
While Samantha Holloway seemed so far alone in the race to bring back an NBA franchise to Seattle, a second candidate has officially entered the race. BlackSun Private Equity has partnered with the Tulalip tribes with an ambitious project, but faced a serious geographical challenge. Much less media than Las Vegas, the record of creating a franchise in Seattle is also beginning to make sense. Samantha Holloway, the majority owner of Kraken in NHL…
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