Fanatics CEO Michael Rubin Selling Stake of 76ers, Devils

Published by
Sports Illustrated

By Zach Koons After 11 years, he will step back from his role as part-owner due to growing conflicts between his Fanatics business and the two franchises. View the original article to see embedded media. Fanatics CEO Michael Rubin, a minority owner of the 76ers, is selling his stake in Harris Blitzer Sports & Entertainment, the company that owns the Sixers and the Devils, he announced Wednesday. Rubin, who holds a 10% equity stake in HBSE according to ESPN’s Adrian Wojnarowski, said he is divesting his stake in the NBA and NHL franchises after 11 years because of arising conflicts between his …

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