Harris Blitzer Sports & Entertainment

What Harris Blitzer Sports & Entertainment does

Harris Blitzer Sports & Entertainment (HBSE) is a privately-held, multi-league sports and entertainment holding company founded in 2017 by Josh Harris and David Blitzer. The company's core portfolio comprises the Philadelphia 76ers (NBA, acquired 2011), the New Jersey Devils (NHL, acquired 2013), and the Prudential Center arena in Newark, NJ, alongside G League affiliate Delaware Blue Coats, AHL affiliate Utica Comets, esports properties Dignitas and 76ers Gaming Club, and historic venues including White Eagle Hall and the Loew's Jersey Theatre (reopening Fall 2026). The portfolio extends to majority or minority investments in the Washington Commanders (NFL), Crystal Palace F.C. (EPL), Joe Gibbs Racing (NASCAR), the Cleveland Guardians (MLB), and additional international soccer properties, augmented by HBSE Ventures (sports-tech investing), HBSE Real Estate (mixed-use development), and the Elevate Sports Ventures consulting JV with the San Francisco 49ers, Oak View Group, Ticketmaster, and Live Nation.

HBSE's technology stack is anchored by operational, commerce, and security infrastructure rather than proprietary AI products. Key integrations include Global Payments' Genius POS system deployed across Prudential Center food and beverage operations and ticketing payment processing for the 76ers and Devils, and Check Point Software Technologies' AI-powered cybersecurity platform protecting HBSE's digital properties and venues. A joint venture with Comcast Spectacor is constructing a new South Philadelphia arena (opening ~2031) for the 76ers and Flyers, with Levy Restaurants signed as F&B provider from 2030.

The business model combines franchise operating revenue (gate receipts, local and national media, merchandising), venue operations (ticket sales, premium seating, concessions, hosting 175+ events annually at Prudential Center alone), multi-property corporate partnerships (Campbell's, Check Point, Global Payments, Comcast, Levy), sponsorship activation, and ancillary revenue from real estate development, sports-tech venture investing, and consulting. Customer segments include sports fans and event attendees (B2C), corporate partners and sponsors (B2B enterprise), and community members served through the Sixers Youth Foundation, Devils Youth Foundation, and broader social impact programs. The company is privately held, with controlling interests retained by the co-founders, a minority stake held by Arctos Sports Partners (acquired June 2022 at an implied $3B+ valuation), and no public ticker.

Name

Harris Blitzer Sports & Entertainment

Legal name

Harris Blitzer Sports and Entertainment

Website

https://hbse.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Harris Blitzer Sports & Entertainment (HBSE) is a privately-held sports and entertainment holding company that owns and operates the Philadelphia 76ers (NBA), New Jersey Devils (NHL), Prudential Center, and a broader portfolio spanning NFL, EPL, NASCAR, MLB, esports, venues, real estate, and sports-tech ventures.

Ownership category

akta.pro rank

Product category

Professional Sports Franchise Ownership and Arena Venue Operations

NAICS

Sports Teams and Clubs (711211), Spectator Sports (7112), Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131)

SIC

Services-Miscellaneous Amusement & Recreation (7990), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Hospitality, VIP & Experiential Sponsorship (Suites, Fan Zones, On-Site Activations) (MPAKALAH)

akta.pro secondary industries

Sponsorship Sales, Valuation & Analytics Services (Rights Sales, Measurement, Consulting) (MPAKALAK), Sports Hospitality & Premium Experiences (VIP, Suites, Fan Zones) (MPAGAMAJ), Licensing, Merchandising & Co-Branded Products (Sponsored Merchandise, Collabs) (MPAKALAE)

Keywords

• Professional sports franchises
• Arena venue operations
• Corporate sponsorship sales
• Live entertainment events
• Esports franchise management

Headquarters

HQ city

Camden

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain, Others

Revenue model

1. Professional Sports Franchises: Revenue from owning and operating professional sports teams including the Philadelphia 76ers (NBA), New Jersey Devils (NHL), and investments in Crystal Palace (EPL), Joe Gibbs Racing (NASCAR), Cleveland Guardians (MLB), Washington Commanders (NFL), and youth sports properties.
2. Venue Operations and Ticketing: Operating marquee arenas including Prudential Center (Newark) and White Eagle Hall (Jersey City), generating revenue from ticket sales, premium seating, and event hosting for concerts, family shows, conventions, and esports competitions.
3. Corporate Partnerships and Sponsorships: Multi-property sponsorship deals with brands including Campbell's, Check Point, Global Payments, and others, providing marketing activations across the HBSE portfolio of teams and venues.
4. Arena Food and Beverage: Concession and hospitality services at venues including Prudential Center and the new South Philadelphia arena (joint venture with Comcast Spectacor), with Levy Restaurants as the new F&B provider starting 2030.
5. Youth Sports and Emerging Leagues: Investments in youth sports properties through Unrivaled Sports, esports through Dignitas/NME, and emerging sports leagues.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

HBSE owns and operates professional sports franchises (Philadelphia 76ers, New Jersey Devils) and marquee entertainment venues (Prudential Center, White Eagle Hall, Loew's Jersey Theatre) while delivering ticketing, hospitality, concessions, catering, and live event programming. The company monetizes its audience through consumer-facing ticket and merchandise sales and through a dedicated B2B global partnerships division that sells multi-property sponsorship packages across NBA, NHL, NFL, NASCAR, and international properties. Complementary platforms include HBSE Ventures (sports-tech investing), HBSE Real Estate (mixed-use venue-adjacent development), and Elevate Sports Ventures (consulting and venue services).

Product overview

Harris Blitzer Sports & Entertainment (HBSE) is a diversified sports and entertainment company operating as a platform of professional sports franchises, venues, and investment vehicles. The core portfolio includes the Philadelphia 76ers (NBA), New Jersey Devils (NHL), and Prudential Center venue, complemented by G League affiliate Delaware Blue Coats, AHL affiliate Utica Comets, esports properties (Dignitas, 76ers Gaming Club), and venues (White Eagle Hall, Loew's Jersey Theatre). HBSE extends its platform through HBSE Ventures (sports tech investment), HBSE Real Estate (mixed-use development), and Elevate Sports Ventures (consulting). Additional holdings include stakes in Crystal Palace FC, Washington Commanders, Joe Gibbs Racing, and international soccer clubs. The company provides ticketing, booking, hospitality, concessions, and catering services across its properties, and supports community impact through youth foundations and inclusive sourcing programs.

Differentiator

Problem solved

Functional benefit

Brands

• Philadelphia 76ers: NBA professional basketball team, one of the most storied franchises in the NBA with three World Championships and Hall of Famers including Charles Barkley, Wilt Chamberlain, Julius Erving, and Allen Iverson.
• New Jersey Devils
• Prudential Center
• Dignitas
• Joe Gibbs Racing
• Crystal Palace F.C.
• Delaware Blue Coats
• 76ers Gaming Club
• Utica Comets
• HBSE Ventures (HBSEV)
• HBSE Real Estate (HBSE RE)
• Loew's Jersey Theatre

Products and services

• Philadelphia 76ers NBA professional basketball franchise competing in the Eastern Conference, with three World Championships, 50 playoff appearances over 71 seasons, and Hall of Fame alumni including Charles Barkley, Wilt Chamberlain, Julius Erving, and Allen Iverson. Operates the 76ers Fieldhouse, a 125,000-square-foot training complex in Camden, NJ, that is the largest in the NBA.
• New Jersey Devils NHL professional hockey franchise based in Newark, NJ, with three Stanley Cup Championships (1995, 2000, 2003) featuring a young core including Jack Hughes and Nico Hischier. Home arena is the Prudential Center.
• Prudential Center World-class sports and entertainment venue in downtown Newark, NJ, home to the New Jersey Devils and Seton Hall Men's Basketball and home of the GRAMMY Museum Experience. Hosts over 175 concerts and events annually with 2+ million guests per year; ranked in Top 8 nationally by Pollstar, Billboard, and Venues Today.
• Arena and Venue Operations Operating marquee arenas and venues including Prudential Center and White Eagle Hall, organizing and hosting sports events, concerts, family shows, conventions, cultural and civic events, esports competitions, exhibitions, festivals, and other live events.
• Ticketing and Hospitality Services Distinctive ticketing, booking, hospitality, concessions, and catering services connected to game and event experiences across the Philadelphia 76ers, New Jersey Devils, Prudential Center, and other HBSE properties. Powered by Global Payments' Genius POS system at all food and beverage locations.
• Dignitas / New Meta Entertainment Esports organization competing across League of Legends, Counter-Strike, Super Smash Bros., Rocket League, and Clash Royale, amassing 18 World Championships. Backed by HBSE, Fertitta Entertainment, Susquehanna International Group, and Delaware North.
• Delaware Blue Coats NBA G League affiliate of the Philadelphia 76ers. Home games are played at the 76ers Fieldhouse in Wilmington, Delaware. Named for the 1st Delaware Regiment from the American Revolution.
• Utica Comets AHL hockey affiliate of the New Jersey Devils based in Utica, NY, playing at the Adirondack Bank Center in partnership with Mohawk Valley Garden. Develops next-generation Devils players.
• 76ers Gaming Club NBA 2K League esports team competing in the official NBA-sanctioned NBA 2K esports league. Two-time winner of The TIPOFF Tournament and the winningest team in NBA 2K League history with 97 total victories since 2018.
• White Eagle Hall Historic live entertainment venue in Jersey City, NJ, operated by HBSE as part of its venue portfolio for concerts and community events.
• Loew's Jersey Theatre Historic live entertainment venue in Jersey City's Journal Square, originally opened in 1929. Undergoing restoration and expected to reopen Fall 2026 with flexible capacity of 2,600-4,000 guests, hosting approximately 150 events annually.
• HBSE Real Estate Real estate development arm focused on large-scale mixed-use developments around sports and entertainment venues, driven by job creation, economic growth, and impact investments in Camden, Newark, and Philadelphia communities. Headed by EVP and Head of Real Estate Alex Kafenbaum.
• HBSE Ventures Venture fund investing in early-stage sports technology companies, managed by Chip Austin and Brad Farkas. Provides portfolio companies with introductions to teams, leagues, and strategic capital partners.
• Elevate Sports Ventures Sports and entertainment consulting firm providing venue renovations, sales and marketing, premium ticketing, corporate hospitality, and analytics services to third-party clients across the sports and live entertainment industry.

Quantifiable outcome

• Over 2 million guests annually at Prudential Center
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Levy RestaurantscoreOthers · 27 February 2026Levy Restaurants selected as food, beverage, and hospitality provider for new South Philadelphia arena (opening 2030). Levy manages food services at nearly half of NBA/NHL shared arenas including Crypto.com Arena in Los Angeles.
• Check Point Software TechnologiescoreTechnology or Integration · 27 October 2025Multi-year partnership with Check Point provides AI-powered cybersecurity for HBSE's digital platforms, stadiums, and arenas protecting Philadelphia 76ers, New Jersey Devils, Prudential Center, and Washington Commanders. Check Point becomes presenting partner of Prudential Center's VIP West Entrance and Check Point Bar & Grill.
• Global PaymentscoreTechnology or Integration · 20 October 2025Official Payment Technology Provider for Prudential Center, New Jersey Devils, and Philadelphia 76ers. Global Payments integrates its Genius POS system across food and beverage locations and provides ticketing payment processing for a seamless fan commerce experience.
• GK Digital VenturesminorStrategic or Co-development Partner · 15 July 2025GK Digital Ventures partnered with HBSE to organize the Global Game Summit in Newark on July 15, 2025, four days before the FIFA World Cup Final, focusing on soccer, media, tech, and investment opportunities leveraging World Cup attention for New Jersey business development.
• Comcast SpectacorcoreStrategic or Co-development Partner · 13 January 202550-50 joint venture with Comcast Spectacor to build a world-class arena in South Philadelphia Sports Complex (opening 2031) as new home for 76ers and Flyers. Partnership also includes 50-50 venture for Market East revitalization in Center City. Comcast taking minority stake in 76ers.
• Campbell's Soup CompanycoreGTM or Marketing Partner · 17 October 2024Campbell's serves as official partner across Philadelphia 76ers (NBA), Washington Commanders (NFL), New Jersey Devils (NHL), Prudential Center, and Joe Gibbs Racing (NASCAR). Multi-year partnership enables fan engagement through unique activations across Campbell's 16 leadership brands.
• Creative Artists AgencyminorStrategic or Co-development Partner · 5 September 2024Creative Artists Agency (CAA) provided strategic investment in Seregh (Sports and Entertainment Real Estate Global Holdings), a new platform launched by former HBSE Real Estate CEO Jonathan Fascitelli for investing in mixed-use real estate around sports and entertainment venues.
• Grass LeagueminorOthersMichael Prindiville, formerly of HBSE, was appointed President of Grass League, a two-year-old golf league that has grown to 11 franchises with valuations up eightfold. HBSE experience cited as qualification for the role.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Kroenke Sports & Entertainment: Stan Kroenke's multi-sport holding company owns the Denver Nuggets (NBA), Colorado Avalanche (NHL), LA Rams (NFL), Arsenal (EPL), and operates multiple arenas. Directly comparable to HBSE in owning cross-league franchises and venues with integrated sponsorship inventory.
• Fenway Sports Group: John Henry's multi-sport holding company owns the Boston Red Sox (MLB), Liverpool FC (EPL), Pittsburgh Penguins (NHL), and has a stake in the RFK Racing group. Directly comparable to HBSE in portfolio approach spanning MLB, NHL, and European soccer with major venue assets.
• Madison Square Garden Sports Corp. Owns the New York Knicks (NBA), New York Rangers (NHL), and operates Madison Square Garden arena. Closely comparable as an NBA/NHL team owner with a marquee in-arena sponsorship and premium hospitality business — a direct competitor for sponsorship dollars and talent.
• Monumental Sports & Entertainment: Ted Leonsis's holding company owns the Washington Wizards (NBA), Washington Capitals (NHL), Washington Mystics (WNBA), and operates Capital One Arena. Comparable as a multi-team sports owner in a major U.S. market with venue operations and integrated partnerships.
• BSE Global: Operates the Brooklyn Nets (NBA) and New York Liberty (WNBA), and runs Barclays Center. Directly comparable as an NBA franchise owner with venue operations, premium hospitality, and integrated sponsorship — a competitor in the same NYC-area partnership market.
• Anschutz Entertainment Group (AEG): Owns the LA Kings (NHL), LA Galaxy (MLS), and operates or holds stakes in dozens of arenas and stadiums globally. Comparable to HBSE as a multi-property sports owner and major venue operator with cross-asset sponsorship and hospitality capabilities.
• Oak View Group: A venue development, programming, and consulting firm that operates and develops arenas worldwide; partner alongside HBSE in Elevate Sports Ventures. Directly comparable to HBSE's Elevate and venue-consulting businesses, and a competitor for premium venue contracts.

Others

• Comcast Spectacor: Owns the Philadelphia Flyers (NHL) and is HBSE's 50-50 JV partner on the new South Philadelphia arena. Not a direct competitor, but a closely adjacent operator with overlapping venue and NHL interests that is now structurally linked to HBSE via the arena joint venture.
• Legends Hospitality: A premium hospitality, merchandise, and venue services company co-founded by the Dallas Cowboys, Yankees, and Goldman Sachs. Comparable to HBSE's Elevate Sports Ventures and food & beverage operations, with similar venue-service revenue mix and corporate partner activations.
• Arctos Sports Partners: A private equity firm focused on minority investments in professional sports franchises and the 5% investor in HBSE since 2022. Not a direct competitor, but a relevant peer as a sports-focused capital partner whose portfolio overlaps with HBSE's competitors and whose valuation anchor (over $3B) frames HBSE's pricing benchmarks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/harris-blitzer-sports-entertainment

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries14 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Harris Blitzer Sports & Entertainment