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| Company type | Private |
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| Industry | |
| Founded | September 25, 2017; 8 years ago (2017-09-25) |
| Founders | |
| Headquarters | , U.S. |
Key people | |
| Brands | |
| Total assets | $14.58 billion (July 2025) |
| Subsidiaries |
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| Website | www |
Harris Blitzer Sports & Entertainment LLC (HBSE) is an Americansports andvenue management company founded byJosh Harris andDavid Blitzer in September 2017. HBSE owns and operates thePhiladelphia 76ers of theNational Basketball Association (NBA) and theNew Jersey Devils of theNational Hockey League (NHL), along with their minor league affiliates, as well as a futurePhiladelphia WNBA team. HBSE also operates venues, such as thePrudential Center andNorthwest Stadium, and holds a minority stake in theNASCAR teamJoe Gibbs Racing. The company is headquartered inCamden, New Jersey, and had $14.58 billion in assets as of 2025[update].
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Harris Blitzer Sports & EntertainmentLLC (HBSE) was founded byApollo Global Management co-founderJosh Harris and seniorBlackstone executiveDavid Blitzer on September 25, 2017.[1] The pair previously led groups that bought thePhiladelphia 76ers of theNational Basketball Association in 2011 and theNew Jersey Devils of theNational Hockey League and operating rights toPrudential Center in 2013. In 2016, the pair bought theesports organizationDignitas.[2] In 2018, HBSE partnered with theSan Francisco 49ers andCreative Artists Agency to establish Elevate Sports Venture, a consulting firm specializing on event marketing and ticketing.[3]
In 2019, the company bought the esports organizationClutch Gaming for $30 million and merged them with Dignitas, forming a parent company, New Meta Entertainment, with investments fromFertitta Entertainment,Delaware North, andSteve Rifkind.[2][4][5] HBSE assisted in the development of theChase Fieldhouse, an arena and sports complex inWilmington, Delaware, which opened as the 76ers Fieldhouse in 2019.[6] In 2020, HBSE donated millions of dollars to local communities inPhiladelphia andNewark in response to theCOVID-19 pandemic.[7][8] The same year, the company pledged $20 million to fight racial injustice.[9][10] HBSE hiredTad Brown, formerCEO of theHouston Rockets, for the same role in August 2021.[11]
In 2022, presidentHugh Weber left the company to explore other ventures.[12] The same year, HBSE limited partner (LP) andFanatics CEOMichael Rubin sold his 10% stake toDavid Adelman to avoid aconflict of interest regarding Fanatics' growing business.[13][14] The company pursued bids of theNew York Mets and theChelsea Football Club in the early 2020s before they were sold to other parties.[15][16] HBSE bought a minority stake inJoe Gibbs Racing (JGR) in 2023, with founderJoe Gibbs becoming a LP of the company as part of the partnership.[17] HBSE was valued byCNBC at $14.58 billion in July 2025.[18] The same year the company began managing non-NFL events atNorthwest Stadium, home stadium of the NFL teamWashington Commanders, which was acquired by Harris in 2023.[19] HBSE had plans to build a new arena for the 76ers,76 Place at Market East, which was set to open by 2031. They abandoned those plans in January 2025 and announced a partnership withComcast Spectacor to build anew arena adjacent to the 76ers' current site on theSouth Philadelphia Sports Complex.[20] In June 2025, HBSE was awarded a bid for aPhiladelphia WNBA team to begin play in 2030.[21] In October 2025, formerGolden State Warriors general managerBob Myers was named company president. He had previously been working under Harris as an advisor with the Commanders since January 2024.[22]
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| Team | League | Procured | Notes |
|---|---|---|---|
| Philadelphia 76ers | National Basketball Association (NBA) | 2011 | Includes thePhiladelphia 76ers Training Complex, theDelaware Blue Coats of theNBA G League, the Sixers Youth Foundation charity organization, the 76ers Gaming ClubNBA 2K League team, and the Sixers Innovation Labstartup accelerator.[23] |
| New Jersey Devils | National Hockey Association (NHL) | 2013 | Includes theUtica Comets of theAmerican Hockey League (AHL) and the Devils Youth Foundation charity organization. Formerly owned theAlbany andBinghamton Devils AHL teams before they folded into the Comets in 2021. |
| Dignitas | Esports | 2017 | The esports organizationsApex andClutch Gaming were later acquired and merged into Dignitas. |
| Joe Gibbs Racing | NASCAR | 2023 | Minority investment partner[17] |
| Philadelphia WNBA team | Women's National Basketball Association (WNBA) | 2025 | To begin play in 2030. Name to be chosen at a later date.[21] |
| Name | Type | Procured | Notes |
|---|---|---|---|
| HBSE Real Estate | Sports real estate | 2017 | |
| New Meta Entertainment | Esports | 2019 | Parent company of Diginitas; investment partner[23] |
| HBSE Ventures | Sports investment firm | 2020[24] | |
| Elevate Sports Ventures | Consulting firm | 2020 | Investment partner[25] |
| Name | Location | Procured | Notes |
|---|---|---|---|
| Prudential Center | Newark, New Jersey | 2013 | Home arena of the Devils and event venue; owned by the Newark Housing Authority and operated by subsidiary Devils Arena Entertainment.[23] Included the formerGrammy Museum Experience.[26] |
| Loew's Jersey Theatre | Jersey City, New Jersey | 2021 | Event venue; operated by Devils Arena Entertainment[27] |
| White Eagle Hall | Jersey City, New Jersey | 2021 | Event venue; operated by Devils Arena Entertainment[28] |
| Wollman Rink | New York, New York | 2021 | Public ice rink inCentral Park; co-operators withThe Related Companies andEquinox Group[27] |
| Northwest Stadium | Landover, Maryland | 2023 | Home stadium of the Harris-ownedWashington Commanders; non-NFL event operators[19] |
| New South Philadelphia Arena | Philadelphia, Pennsylvania | 2031 (planned) | Future home arena of the 76ers, the NHL'sPhiladelphia Flyers, and the WNBA Philadelphia team; co-operator withComcast Spectacor[29] |
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