Harris Blitzer Sports & Entertainment LLC (HBSE) is an American

sports Sport is a physical activity or game, often competitive and organized, that maintains or improves physical ability and skills. Sport may provide enjoyment to participants and entertainment to spectators. The number of participants in ...

and venue management company founded by Josh Harris and

David Blitzer David Scott Blitzer (born September 7, 1969) is an American investor and sports team owner. Blitzer is the chairman of the private equity firm Blackstone's tactical opportunities division and managing partner of the New Jersey Devils ice hocke ...

in September 2017. HBSE owns and operates the

Philadelphia 76ers The Philadelphia 76ers, also known colloquially as the Sixers, are an American professional basketball team based in the Philadelphia metropolitan area. The 76ers compete in the National Basketball Association (NBA) as a member of the Atlan ...

of the

National Basketball Association The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...

(NBA) and the

New Jersey Devils The New Jersey Devils are a professional ice hockey team based in Newark, New Jersey. The Devils compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NHL), Eastern Conference. The club w ...

of the

National Hockey League The National Hockey League (NHL; , ''LNH'') is a professional ice hockey league in North America composed of 32 teams25 in the United States and 7 in Canada. The NHL is one of the major professional sports leagues in the United States and Cana ...

(NHL), including their minor league affiliates. HBSE operates the

Prudential Center Prudential Center is a multipurpose indoor arena in the central business district of Newark, New Jersey, United States. Opened in 2007, it is the home of the New Jersey Devils of the National Hockey League (NHL), the New York Sirens of the Pro ...

and

Northwest Stadium Northwest Stadium is an American football stadium in Landover, Maryland, U.S., located east of Washington, D.C.. It is the home stadium of the Washington Commanders of the National Football League (NFL). From 2004 until 2010, it had the NFL's ...

and additionally holds a minority stake in the

NASCAR The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. It is considered to be one of the top ranked motorsports organizations in ...

team

Joe Gibbs Racing Joe Gibbs Racing (JGR) is an American professional stock car racing organization founded by Pro Football Hall of Fame coach Joe Gibbs. His son, J. D. Gibbs, ran the team with him until his death in 2019. Founded in Huntersville, North Carolina, ...

. The company is headquartered in

Camden, New Jersey Camden is a City (New Jersey), city in Camden County, New Jersey, Camden County, in the U.S. state of New Jersey. It is part of the Delaware Valley metropolitan region. The city was incorporated on February 13, 1828.Snyder, John P''The Story of ...

, and was valued at $11.86billion in 2024.

History

Harris Blitzer Sports & Entertainment

LLC A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a ...

(HBSE) was founded by

Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...

co-founder Josh Harris and senior Blackstone executive

on September 25, 2017. The pair previously led groups that bought the

of the

in 2011 and the

of the

and the operating rights to

in 2013. In 2016, the pair bought the

esports Esports (), short for electronic sports, is a form of competition using video games. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, played individually or as teams. ...

organization Dignitas. In 2018, HBSE partnered with the

San Francisco 49ers The San Francisco 49ers (also written as the San Francisco Forty-Niners and nicknamed the Niners) are a professional American football team based in the San Francisco Bay Area. The 49ers compete in the National Football League (NFL) as a member ...

and

Creative Artists Agency Creative Artists Agency, LLC (CAA) is an American talent and sports agency based in Los Angeles, California. With 1,800 employees in March 2016, it is regarded as an influential company in the talent agency business and manages numerous client ...

to establish Elevate Sports Venture, a consulting firm specializing on event marketing and ticketing. In 2019, the company bought the esports organization

Clutch Gaming Clutch Gaming (CG) was an American esports organization founded by the Houston Rockets in 2017. It had a professional ''League of Legends'' team that competed in North America's League of Legends Championship Series (LCS). In 2019, Harris Bl ...

for $30 million and merged them with Dignitas, forming a parent company, New Meta Entertainment, with investments from Fertitta Entertainment,

Delaware North Delaware North is an American multinational food service and hospitality company headquartered in Buffalo, New York. The company also operates in the lodging, sporting, airport, gambling, and entertainment industries. The company employs over 5 ...

, and

Steve Rifkind Steven Rifkind (born March 2, 1962) is an American music entrepreneur. He is the founder and chairman of Loud Records and SRC Records. ...

. HBSE assisted in the development of the Chase Fieldhouse, an arena and sports complex in

Wilmington, Delaware Wilmington is the List of municipalities in Delaware, most populous city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish colonization of the Americas, Swedish settlement in North America. It lie ...

, which opened as the 76ers Fieldhouse in 2019. In 2020, HBSE donated millions of dollars to local communities in

Philadelphia Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...

and Newark in response to the

COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...

. The same year, the company pledged $20 million to fight racial injustice. HBSE hired Tad Brown, former

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of the

Houston Rockets The Houston Rockets are an American professional basketball team based in Houston. The Rockets compete in the National Basketball Association (NBA) as a member of the Southwest Division (NBA), Southwest Division of the Western Conference (NBA) ...

, for the same role in August 2021. In 2022, president Hugh Weber left the company to explore other ventures. The same year, HBSE limited partner (LP) and

Fanatics Fanaticism is a belief or behavior involving uncritical zeal or an obsessive enthusiasm. The political theorist Zachary R. Goldsmith provides a "cluster account" of the concept of fanaticism, identifying ten main attributes that, in various comb ...

CEO Michael Rubin sold his 10% stake to David Adelman to avoid a

conflict of interest A conflict of interest (COI) is a situation in which a person or organization is involved in multiple wikt:interest#Noun, interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates t ...

regarding Fanatics' growing business. The company pursued bids of the

New York Mets The New York Mets are an American professional baseball team based in the Boroughs of New York City, New York City borough of Queens. The Mets compete in Major League Baseball (MLB) as a member club of the National League (baseball), National ...

and the

Chelsea Football Club Chelsea Football Club is a professional football club based in Fulham, West London, England. The club was founded in 1905 and named after neighbouring area Chelsea. They compete in the Premier League, the top tier of English football, pl ...

in the early 2020s before they were sold to other parties. HBSE bought a minority stake in

(JGR) in 2023, with founder

Joe Gibbs Joseph Jackson Gibbs (born November 25, 1940) is an American auto racing team owner and former American football, football coach. He served as the head coach of the Washington Redskins of the National Football League (NFL) from 1981 Washingto ...

becoming a LP of the company as part of the partnership. In 2024, HBSE was valuated by ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' at $11.86 billion. The same year the company began managing non-NFL events at

, home stadium of the NFL team

Washington Commanders The Washington Commanders are a professional American football team based in the Washington metropolitan area. The Commanders compete in the National Football League (NFL) as a member of the National Football Conference (NFC) East division ...

, which was acquired by Harris in 2023. HBSE had plans to build a new arena for the 76ers, 76 Place at Market East, which was set to open by 2031. In January 2025, they abandoned those plans and announced a partnership with

Comcast Spectacor Comcast Spectacor is an American sports and entertainment company and division of Comcast based in Philadelphia, Pennsylvania. It owns the Philadelphia Flyers of the National Hockey League, the Philadelphia Wings of the National Lacrosse League ...

to build a new arena adjacent to the 76ers' current site as part of the

South Philadelphia Sports Complex The South Philadelphia Sports Complex is the home of four prominent Philadelphia professional sports teams. The complex is located in South Philadelphia and is the site of Wells Fargo Center, home arena for the Philadelphia 76ers and Philadelp ...

Brands and properties

Organizations

(NBA) team ** Training Complex, headquarters **

Delaware Blue Coats The Delaware Blue Coats are an American professional basketball team in the NBA G League based in Wilmington, Delaware. They are the G-League affiliates of the Philadelphia 76ers. The Blue Coats play their home games at Chase Fieldhouse. The Bl ...

NBA G League The NBA G League, or simply the G League, is a professional basketball league in North America that serves as the Minor league#Basketball, developmental league of the National Basketball Association (NBA). The league comprises 31 teams; as of ...

team ** Sixers Youth Foundation, charity organization ** 76ers Gaming Club,

NBA 2K League The ''NBA 2K'' League (NBA 2KL or simply 2K League) is an esports league joint venture between the National Basketball Association (NBA) and Take-Two Interactive. The league was announced in 2017 with its inaugural season taking place ...

team ** Sixers Innovation Lab, sports

startup accelerator Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components, and (sometimes) culminate in a public pitch event or demo day. While traditional business incubato ...

(NHL) team **

Utica Comets The Utica Comets are a professional ice hockey team based in Utica, New York. They are members of the North Division in the Eastern Conference of the American Hockey League (AHL) and affiliated with the National Hockey League's (NHL) New Jersey D ...

American Hockey League The American Hockey League (AHL) is a professional ice hockey league in North America that serves as the primary developmental league of the National Hockey League (NHL). The league comprises 32 teams, with 26 in the United States and 6 in Cana ...

(AHL) team **

Albany Devils The Albany Devils were a professional ice hockey team in the American Hockey League (AHL). The top affiliate of the New Jersey Devils of the National Hockey League (NHL), the A-Devils played their home games at the Times Union Center in Albany, ...

, former AHL team **

Binghamton Devils The Binghamton Devils were a professional ice hockey team in the American Hockey League (AHL) that played from 2017 to 2021 as the top minor league affiliate of the National Hockey League (NHL)'s New Jersey Devils. During the 2017–18 and 2 ...

, former AHL team ** Devils Youth Foundation, charity organization * New Meta Entertainment,

company ** Dignitas, esports organization *** Apex Gaming, merged with Dignitas ***

, merged with Dignitas * HBSE Ventures, investment firm * HBSE Real Estate ** Devils Arena Entertainment, venue operator * Elevate Sports Ventures, consulting firm *

team (minority stake)

Venues

, hockey arena and event venue ( Newark; owned by the city government and operated by HBSE) **

Grammy Museum Experience The Grammy Museum Experience was an interactive, experiential museum devoted to the history and winners of the Grammy Awards which was located at the Prudential Center in Newark, New Jersey. It was open from October 20, 2017, to June 25, 2023. ...

, former museum at the site *

, football stadium ( Landover; operator) * New South Philadelphia Arena, planned basketball and hockey arena (

; operator with

) * Loew's Jersey Theatre, event venue (

Jersey City Jersey City is the List of municipalities in New Jersey, second-most populous

; operator) * White Eagle Hall, event venue (Jersey City; operator) *

Wollman Rink Wollman Rink is a public ice rink in the southern part of Central Park, Manhattan, New York City. It is named after the Wollman family who donated the funds for its original construction. The rink is open for ice skating from late October to ...

, public ice rink (

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

; co-operator)

References

External links

* {{Portal bar, Companies, New Jersey, Sports, border=n 2017 establishments in New Jersey American companies established in 2017 Companies based in Camden, New Jersey Esports team owners Holding companies established in 2017 Joe Gibbs Racing New Jersey Devils Philadelphia 76ers Privately held companies based in New Jersey Property management companies Sports holding companies of the United States Sports management companies