Listen Live on  
 

News Radio 1400 WRAK

Williamsport's News Traffic & Weather
 
 

Sources: The Harlem Globetrotters Are For Sale, $100M Price Tag

 
Sources: The Harlem Globetrotters Are For Sale, $100M Price Tag
Posted Friday, June 14th 2013 @ 9am

(Jen Carlson) The Harlem Globetrotters—whose roots are actually in 1920s Chicago, did ya know?— are now for sale. According to Reuters, the gimmicky basketball team is being sold by their private equity owner, Shamrock Capital Advisors, who are based in Los Angeles and have held ownership since 2005. "The process is in the second round, two of the sources said, with the team likely fetching between $50 million to $100 million," and they come with some nice sound bites:

Read More: Gothamist

Photo Credit: Getty Images

Recommended Stories

More from News Radio 1400 WRAK

*