Jump to content

Harris Blitzer Sports & Entertainment

From Alfawiki
Harris Blitzer Sports & Entertainment LLC
Company typePrivate
IndustrySports and venue management
FoundedSeptember 25, 2017; 9 years ago (2017-09-25)
FounderJosh Harris, David Blitzer
Headquarters
Camden, New Jersey
,
United States
Area served
United States
Key people
Tad Brown (CEO), Bob Myers (President)
ProductsOwnership and management of sports teams and venues, esports, event marketing consultancy

Harris Blitzer Sports & Entertainment LLC (HBSE) is a U.S.-based enterprise specializing in sports and venue management, founded by Josh Harris and David Blitzer in September 2017. HBSE's portfolio includes ownership of the Philadelphia 76ers (NBA) and the New Jersey Devils (NHL), alongside their affiliated minor league teams, as well as plans for a forthcoming Philadelphia WNBA team. The company manages facilities such as the Prudential Center and Northwest Stadium, and holds a minority equity position in the NASCAR outfit Joe Gibbs Racing. HBSE's headquarters are located in Camden, New Jersey, with assets valued at $14.58 billion as of 2025.

History

Formed on September 25, 2017, HBSE was created by Josh Harris, co-founder of Apollo Global Management, and David Blitzer, a senior executive from Blackstone. Prior to establishing HBSE, the pair had orchestrated the acquisitions of the Philadelphia 76ers in 2011 and the New Jersey Devils along with operating rights for the Prudential Center in 2013. Their expansion into esports began with the acquisition of Dignitas in 2016. In 2018, HBSE collaborated with the San Francisco 49ers and Creative Artists Agency to form Elevate Sports Venture, a consultancy focused on event marketing and ticket sales.

In 2019, HBSE acquired the esports organization Clutch Gaming for $30 million, merging it with Dignitas under the umbrella of New Meta Entertainment, which attracted investments from entities including Fertitta Entertainment, Delaware North, and Steve Rifkind. That same year, HBSE developed the Chase Fieldhouse arena in Wilmington, Delaware—opened as the 76ers Fieldhouse. During the 2020 COVID-19 crisis, HBSE contributed millions to support communities in Philadelphia and Newark and pledged $20 million toward initiatives addressing racial injustice. In August 2021, former Houston Rockets CEO Tad Brown was appointed as HBSE’s chief executive officer.

In 2022, company president Hugh Weber departed to explore other opportunities. Additionally that year, Michael Rubin—CEO of Fanatics—divested his 10% stake in HBSE to David Adelman to prevent conflicts due to Fanatics' expanding operations. HBSE also submitted bids for ownership of the New York Mets and Chelsea Football Club but was unsuccessful in both pursuits. By 2023, HBSE secured a minority stake in Joe Gibbs Racing with founder Joe Gibbs joining as a limited partner. As of July 2025, CNBC appraised HBSE’s valuation at $14.58 billion.

Also in 2025, HBSE commenced management of non-NFL events at Northwest Stadium—the home field of the NFL’s Washington Commanders, an asset acquired by Harris in 2023. Plans for a new arena dubbed "76 Place at Market East," initially slated for completion by 2031 to serve as the home for the 76ers, were discontinued. Instead, HBSE partnered with Comcast Spectacor to develop a new arena adjacent to the existing South Philadelphia Sports Complex site. In June 2025, HBSE obtained a WNBA expansion franchise based in Philadelphia scheduled to begin competition in 2030. Former Golden State Warriors general manager Bob Myers was appointed company president in October 2025 after advising Harris on matters related to the Commanders since January of that year.

Brands and properties

Teams
Team League Acquisition Year Details
Philadelphia 76ers National Basketball Association (NBA) 2011 Encompasses the Philadelphia 76ers Training Complex, minor league affiliate Delaware Blue Coats (NBA G League), Sixers Youth Foundation charitable organization, Sixers Gaming Club competing in NBA 2K League, and Sixers Innovation Lab accelerator program.
New Jersey Devils National Hockey Association (NHL) 2013 Includes minor league team Utica Comets (American Hockey League) and Devils Youth Foundation charity; formerly owned Albany and Binghamton AHL teams prior to consolidating into Comets in 2021.
Dignitas Esports 2017 Created through consolidation of esports organizations Apex and Clutch Gaming.
Joe Gibbs Racing NASCAR 2023 Holds a minority investment position.
Philadelphia WNBA team Women's National Basketball Association (WNBA) 2025 Scheduled to begin competition in 2030; official team name pending.
Organizations
Name Category Year Acquired Notes
HBSE Real Estate Sports-related real estate holdings 2017
New Meta Entertainment Esports parent company 2019 Oversees Dignitas; investment partner.
HBSE Ventures Sports investment entity 2020
Elevate Sports Ventures Event marketing consultancy 2020 Investment partner.
Venues
Venue Name Location Year Acquired or Planned Additional Information
Prudential Center Newark, New Jersey 2013 Home arena for New Jersey Devils; managed by Devils Arena Entertainment; previously housed Grammy Museum Experience.
Loew's Jersey Theatre Jersey City, New Jersey 2021 Event venue operated under Devils Arena Entertainment.
White Eagle Hall Jersey City, New Jersey 2021 Managed event space by Devils Arena Entertainment.
Wollman Rink New York, New York 2021 Public ice skating rink located within Central Park; operated jointly with The Related Companies and Equinox Group.
Northwest Stadium Landover, Maryland 2023 Venue hosting Washington Commanders games; managed by HBSE for non-NFL events.
New South Philadelphia Arena Philadelphia, Pennsylvania Planned for 2031 opening Future arena intended for use by Philadelphia’s NBA, NHL, and WNBA teams; developed collaboratively with Comcast Spectacor.


External links