D.C. United Holdings
D.C. United Holdings is the holding company that controls operating rights to D.C. United, a professional soccer club that is part of Major League Soccer (MLS). The company, founded in 2007, was initially led by Will Chang, Brian Davis, Christian Laettner, and Kevin Payne who maintained his position with the new investors. D.C. United Holdings bought D.C. United from Anschutz Entertainment Group for 33 million, which was a record fee for operational rights to an MLS club at that time. In May 2009, previous stakeholder Victor MacFarlane announced the sale of his share of D.C. United Holdings to majority owner William Chang, giving him a 98% stake in the organization. In October 2009, Chang bought out Davis and Laettner, who held the remaining 2%, to fully control 100% of the team. In 2012, Erick Thohir and Jason Levien purchased the club and its holding company, with Chang remaining as a minority investor. Their efforts are primarily focused on getting United a new stadium and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Association Football
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 players who primarily use their feet to propel the ball around a rectangular field called a pitch. The objective of the game is to score more goals than the opposition by moving the ball beyond the goal line into a rectangular framed goal defended by the opposing side. Traditionally, the game has been played over two 45 minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries, it is considered the world's most popular sport. The game of association football is played in accordance with the Laws of the Game, a set of rules that has been in effect since 1863 with the International Football Association Board (IFAB) maintaining them since 1886. The game is played with a football that is in circumference. The two teams compete to get the ball into the other team's goal (between the posts and under t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Major League Soccer
Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada—since the 2023 season. The league is headquartered in Midtown Manhattan. Major League Soccer is the most recent in a series of men's premier professional national soccer leagues established in the United States and Canada. The predecessor of MLS was the North American Soccer League (NASL), which existed from 1968 until 1984. MLS was founded in 1993 as part of the United States' successful bid to host the 1994 FIFA World Cup. The inaugural season took place in 1996 with ten teams. MLS experienced financial and operational struggles in its first few years, losing millions of dollars and folding two teams in 2002. Since then, developments such as the proliferation of soccer-specific stadiums around the league, implementation of the Desi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Will Chang
William H.C. Chang (张慧中) is a Japanese-American sports businessman. He has ownership interests in multiple sports teams. Chang is an investor in the San Francisco Giants of Major League Baseball. Chang is on the USA Rugby Board of Directors, and was chair of the USA Rugby committee bidding to host the 2018 Rugby World Cup Sevens. Chang is a former owner of DC United, until he sold his stake in 2016. Washington Post, October 11, 2016.] Chang was born in . [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Brian Davis (basketball)
Brian Keith Davis (born June 21, 1970) is an American former basketball player and businessman. A 6'7" guard-forward, Davis played college basketball at Duke Blue Devils and was a member of the 1991 and 1992 national championship teams. After graduation, Davis was drafted by the Phoenix Suns of the National Basketball Association (NBA) but played in the Ligue Nationale de Basketball with Élan Béarnais Pau-Orthez during the 1992–93 season. He made his NBA debut with the Minnesota Timberwolves for the 1993–94 season. Davis played in 68 NBA games, averaged 5.5 minutes per game, and scored a total of 131 career points (1.9 per game). He maintains a close friendship with former Duke and Timberwolves teammate Christian Laettner, with the two pursuing multiple sports ventures together. Such businesses include real estate development and founding D.C. United Holdings in 2007 as a holding company for D.C. United D.C. United is a professional soccer club based in Washington ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Christian Laettner
Christian Donald Laettner (, ; born August 17, 1969) is an American former professional basketball player. His college career for the Duke Blue Devils is widely regarded as one of the best in National Collegiate Athletic Association (NCAA) history. He was the star player on the back-to-back Duke National Championship teams of 1991 and 1992, and the NCAA player of the year in his senior year.Christian Laettner at the National Collegiate Basketball Hall of Fame He is particularly famous for his game-winning shot against [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kevin Payne (soccer)
Kevin J. Payne (March 5, 1953 – December 25, 2022) was an American association football, soccer executive. He was the president (corporate title), president and chief executive officer of D.C. United from 1994 to 2012, and the president and general manager of Toronto FC. He was also chairman of the technical committee and board member for the U.S. Soccer Federation and vice chairman of the U.S. Soccer Foundation. Early career Payne played soccer growing up, in college and at the amateur/semipro level. After careers as an award-winning radio journalist in New York City and as a senior resort marketing and special events executive in Vail, CO, Payne became the national administrator of the United States Soccer Federation in 1989. In the fall of 1990, he was named deputy executive director and director of marketing for the federation. In 1991, he moved to New York and became the executive vice president and, ultimately, the president of Soccer USA Partners, which owned all market ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Anschutz Entertainment Group
The Anschutz Entertainment Group (AEG), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. It is the world's largest owner of sports teams and sports events. Under the AEG Presents brand, it is the world's second-largest presenter of live music and entertainment events, after Live Nation. AEG Presents was founded in 2002 as AEG Live. Overview AEG owns and operates a variety of venues, sport teams, and entertainment concerns. For venues, AEG owns and operates Crypto.com Arena and Dignity Health Sports Park, and managed the XL Center and Rentschler Field. In England, it operates The O2 which includes a 20,000 capacity arena. As part of the development of the O2, Anschutz also purchased the London river service company Thames Clippers, and supported the development of the nearby David Beckham Academy (which also had a branch at the Home Depot Center). The company had its headquarters in Dow ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Erick Thohir
Erick Thohir (born 30 May 1970) is an Indonesian businessman and politician who has served as Indonesia's Minister of State Owned Enterprises since 2019. He is the founder of Mahaka Group, a conglomeration that focuses on media, sports and entertainment. Globally known as the former owner and chairman of Italian football giant Inter Milan and US soccer club D.C. United, Thohir is currently co-owner alongside Anindya Bakrie of English League One team Oxford United and Liga 1 outfit Persis Solo along with Kaesang Pangarep, the youngest son of President Joko Widodo. He was also the president director of ANTV television station and the chief of the Indonesian Olympic Committee. In 2019, he became a member of the International Olympic Committee (IOC). Early and personal life Erick Thohir was born on 30 May 1970. His father, Teddy Thohir, was a co-owner of the automotive group Astra International with William Soeryadjaya. His brother, Garibaldi Thohir, is an investment banker and ent ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jason Levien
Jason M. Levien (born 1973) is an American sports executive. He is the CEO and managing general owner of the Major League Soccer club D.C. United and co-owner of Swansea City, a Welsh football club, and the Brisbane Bullets, an Australian basketball club. Levien is the former CEO of the NBA's Memphis Grizzlies. Early life He was born to a Jewish familyNew York Times: "From Tel Aviv to the Space Needle, by Way of Slovenia (With Stops in Treviso, Miami and Salt Lake City)" By MICHAEL SOKOLOVE October 29, 2006 , ''"But look," Levien said, "I'm Jewish — I had my bar mitzvah in Israel'' and raised in [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yo Gotti
Mario Sentell Giden Mims (born May 19, 1981), known professionally as Yo Gotti, is an American rapper, songwriter, and record executive. In 1996, Gotti released his debut album ''Youngsta's On a Come Up'' under the alias Lil Yo. He went on to release ''From Da Dope Game 2 Da Rap Game'' (2000), ''Self-Explanatory'' (2001), ''Life'' (2003), ''Back 2 da Basics'' (2006), ''Live from the Kitchen'' (2012), ''I Am'' (2013), ''The Art of Hustle'' (2016), ''I Still Am'' (2017), ''Untrapped'' (2020) and '' CM10: Free Game''. As a record executive, he is the founder of the record label Collective Music Group, which has signed successful acts such as Moneybagg Yo, 42 Dugg, Blac Youngsta, EST Gee And Mozzy. Career 2000–2006: Career beginnings Mario grew up in Ridgecrest Apartments in the Frayser neighborhood of Memphis, Tennessee. He began his music career around the age of 14, rapping as Lil Yo, affiliated with DJ Sound and his crew. Between 2000 and 2006, Yo Gotti released a string ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Source
''The Source'' is an American hip hop and entertainment website, and a magazine that publishes annually or . It is the world's longest-running rap periodical, being founded as a newsletter in 1988 by Jonathan Shecter. David Mays was the magazine's co-founder. ''The Source''s Five-Mic albums The Record Report is a section in the publication in which the magazine's staff rates hip-hop albums. Ratings range from one to five mics, paralleling a typical five-star rating scale. An album that is rated at four-and-a-half or five mics is considered by ''The Source'' to be a superior hip hop album. Over the first ten years or so, the heralded five-mic rating only applied to albums that were universally lauded hip hop albums. A total of 45 albums have been awarded five mics; a complete, chronological list is below. Albums that originally received five mics: *''People's Instinctive Travels and the Paths of Rhythm'' – A Tribe Called Quest *''AmeriKKKa's Most Wanted'' – Ice Cube ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |