David Blitzer
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David Blitzer
David Scott Blitzer (born September 7, 1969) is an American private equity investor and sports team owner. A native of New Jersey, he graduated from the Wharton School and joined Blackstone Inc in 1991, where he serves as head of their Tactical Opportunities group. Blitzer is also the co-managing partner of Harris Blitzer Sports & Entertainment (HBSE), a sports and property management company he founded with Josh Harris which owns the Philadelphia 76ers and New Jersey Devils among other brands and properties. Blitzer is also an owner or significant stakeholder of several association football clubs, including Crystal Palace F.C., Real Salt Lake, FC Augsburg, G.D. Estoril Praia, ADO Den Haag, AD Alcorcón, S.K. Beveren, and Brøndby IF. He is also a minority owner of the Cleveland Guardians of Major League Baseball, making him the first person to hold equity in the five major sports leagues of North America. Blitzer's net worth was estimated by ''Forbes'' in June 2023 to be $1.9 ...
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Scotch Plains, New Jersey
Scotch Plains is a township in Union County, New Jersey, United States. The township is located on a ridge in northern- central New Jersey, within the Raritan Valley and Rahway Valley regions in the New York metropolitan area. As of the 2010 Census, the township's population was 23,510, reflecting an increase of 778 (+3.4%) from the 22,732 counted in the 2000 Census, which had in turn increased by 1,572 (+7.4%) from the 21,160 counted in 1990. History The area known as Scotch Plains was first settled by Europeans, including many Scottish Quakers as early as 1684. The name is said to have come from George Scott, a leader of a group of Scottish settlers. It later served as a stop on the stage coach line between New York City and Philadelphia. The Ash Swamp in Scotch Plains was the scene of a key action in the Battle of Short Hills, on June 26, 1777, which included skirmishes as Washington's forces moved along Rahway Road in Scotch Plains toward the Watchung Mountains. An an ...
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Josh Harris (businessman)
Joshua Harris (born 1965) is an American private equity investor and philanthropist who co-founded Apollo Global Management, one of the world's largest alternative investment firms. Harris is the principal owner and managing partner of the New Jersey Devils of the National Hockey League and the Philadelphia 76ers of the National Basketball Association, and is a general partner in Crystal Palace of the English Premier League. Bloomberg estimated his net worth to be around US$7.05 billion in July 2021. Early life and education Harris was born to a Jewish family in 1965 and raised in Chevy Chase, Maryland.Philadelphia Inquirer: "Those who know him say Jos ...
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National Basketball Association
The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United States and Canada. It is the premier men's professional basketball league in the world. The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). It changed its name to the National Basketball Association on August 3, 1949, after merging with the competing National Basketball League (NBL). In 1976, the NBA and the American Basketball Association (ABA) merged, adding four franchises to the NBA. The NBA's regular season runs from October to April, with each team playing 82 games. The league's playoff tournament extends into June. , NBA players are the world's best paid athletes by average annual salary per player. The NBA is an active member of USA Basketball (USAB), which is recognized by t ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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TAPinto
TAPinto is a network of more than 80 independently owned and operated local news websites in New Jersey, New York, and Florida.Street Fight Magazine, Tom Grubisich, October 9, 2014Mike Shapiro’s TAP Gets New Branding and a Network Strategy Retrieved May 16, 2018, "...The six-year-old Alternative Press (TAP) network of community news sites in suburban New Jersey and Pennsylvania has a new name — TAPinto.net — and a new ... strategy aimed at leveraging content and audience reach across TAPinto’s sites, 32 of which are franchisees and a few wholly owned ... A former litigation attorney, Shapiro ..."Columbia Journalism Review, Susie Xie, March 25, 2016, https://www.cjr.org/united_states_project/new_jersey_sites_tap_into_local_news.php, Retrieved May 16, 2018, "...Within the past seven years, TAPinto has expanded to 51 sites ... Shapiro says the sites have received a combined 4.2 million unique visitors over the last year ... readership consisting mainly of local residents... Ab ...
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Wharton School Of The University Of Pennsylvania
The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a Private university, private Ivy League research university in Philadelphia. Generally considered to be one of the most prestigious business schools in the world, the Wharton School is the world's oldest collegiate business school, having been established in 1881 through a donation from Joseph Wharton. The Wharton School awards the Bachelor of Science with a school-specific economics major (academic), major, with concentrations in over 18 disciplines in Wharton's academic departments. The degree is a general business degree focused on core business skills. At the graduate level, the Master of Business Administration (MBA) program can be pursued standalone or offers dual studies leading to a joint degree from other schools (e.g., law, engineering, government). Similarly, in addition ...
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Magna Cum Laude
Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Southeastern Asian countries with European colonial history, such as Indonesia and the Philippines, although sometimes translations of these phrases are used instead of the Latin originals. The honors distinction should not be confused with the honors degrees offered in some countries, or with honorary degrees. The system usually has three levels of honor: ''cum laude'', ''magna cum laude'', and ''summa cum laude''. Generally, a college or university's regulations set out definite criteria a student must meet to obtain a given honor. For example, the student might be required to achieve a specific grade point average, submit an honors thesis for evaluation, be part of an honors program, or graduate early. Each school sets its own standards. ...
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Scotch Plains-Fanwood High School
Scotch Plains-Fanwood High School (or SPFHS) is a comprehensive regional four-year public high school in Union County, New Jersey, United States, which serves students in ninth through twelfth grades from the Township of Scotch Plains and the Borough of Fanwood, operating as the lone secondary school of the Scotch Plains-Fanwood Regional School District. The school has been accredited by the Middle States Association of Colleges and Schools Commission on Elementary and Secondary Schools since 1932.Scotch Plains-Fanwood High School
Commission ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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Sports Leagues Of North America
The major professional sports leagues in the United States and Canada commonly refer to the highest men's professional competitions of team sports in those countries. The four leagues traditionally included in the definition are Major League Baseball (MLB), the National Basketball Association (NBA), the National Football League (NFL), and the National Hockey League (NHL). Other prominent leagues include Major League Soccer (MLS) and the Canadian Football League (CFL). MLB, NBA, NFL, and NHL are commonly referred to as the "Big Four." Each of these is the wealthiest professional club competition in its sport worldwide, and along with the English Premier League they make up the top five sports leagues by revenue in the world. In addition, the sports of these four leagues were all developed in their modern forms in North America, and all except American football have become popular internationally. Because the leagues enjoy a significant place in popular culture in the U.S. and Cana ...
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Major League Baseball
Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. The NL and AL were formed in 1876 and 1901, respectively. Beginning in 1903, the two leagues signed the National Agreement and cooperated but remained legally separate entities until 2000, when they merged into a single organization led by the Commissioner of Baseball. MLB is headquartered in Midtown Manhattan. It is also included as one of the major professional sports leagues in the United States and Canada. Baseball's first all-professional team, the Cincinnati Red Stockings, was founded in 1869. Before that, some teams had secretly paid certain players. The first few decades of professional baseball were characterized by rivalries between leagues and by players who often jumped from one te ...
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