Chernin Group Invests in Youth Sports Venture Unrivaled From Team Owners Josh Harris and David Blitzer
variety.comKurt Badenhausen Longtime sports team owners Josh Harris and David Blitzer have been actively investing in youth sports properties over the last two years.
Now, the private equity titans are rolling up those assets into a new parent company, Unrivaled Sports. The formation of Unrivaled includes an investment by Peter Chernin‘s Chernin Group and the hiring of former Nike COO and longtime Disney executive Andy Campion to run the firm. “Through Unrivaled Sports, we’re not just investing in sports; we’re investing in future generations by making sports more inclusive and accessible in communities across the nation,” Harris said in a statement.
As an investment vehicle, Chernin Group founder Chernin along with Jesse Jacobs and Mike Kerns, has focused on sports, gaming, and health and wellness in its portfolio.
Investments have included Action Network, Barstool Sports, Cars & Bids, Oura and the Premier Lacrosse League. Blitzer says the partnership with TCG and hiring of Campion will allow Unrivaled to expand its infrastructure.
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