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Bobby Farnham, Brett Jefferson and Marc Grandisson buy stakes in the NHL's Hurricanes
Tom Dundon sold a 12.5% stake in the Carolina Hurricanes to three new minority owners at a $2.66 billion valuation, adding experienced business leaders to the group.
- Tom Dundon sold a minority stake in the Carolina Hurricanes to Brett Jefferson, Marc Grandisson and retired hockey player Bobby Farnham, the team announced Thursday.
- Sportico reported last week that Dundon agreed to sell a 12.5% stake at a $2.66 billion valuation for approximately $332.5 million, but the team did not disclose financial terms.
- Brett Jefferson, Marc Grandisson and Bobby Farnham bring diverse experience: Jefferson founded an asset management firm, Grandisson is a retired insurance executive, and Farnham is a 37-year-old retired NHL player turned private investor.
- The Hurricanes said they will introduce the new owners before their home game against Pittsburgh on Wednesday, and Dundon praised them as 'accomplished business executives' who will help grow the team's success.
- Dundon last summer led a group that bought the NBA's Portland Trailblazers from Paul Allen's estate, continuing his pattern of investing in professional sports ownership.
17 Articles
17 Articles
Associated Press News
Bobby Farnham, Brett Jefferson and Marc Grandisson buy stakes in the NHL's Hurricanes
Tom Dundon has sold a portion of the NHL's Carolina Hurricanes to three new minority owners. The team announced that Brett Jefferson, Marc Grandisson and Bobby Farnham had joined the ownership group.
Former NHLer joins Carolina Hurricanes ownership team.
The Carolina Hurricanes have revealed new minority owners following majority owner Tom Dundon's decision to sell a 12.5% stake in the team, valued at $2.66 billion. Alongside traditional investors Brett Jefferson and Marc Grandisson, former NHL player Bobby Farnham joins the ownership group, leveraging his playing experience and business acumen. Farnham has a background in finance, having co-founded an investment firm after his NHL career. Dundo…
Former NHL player buys into ownership of Carolina Hurricanes
The Carolina Hurricanes owner Tom Dundon has announced that he has sold a stake in his team to investors Brett Jefferson, Bobby Farnham, and Marc Grandisson. The Hurricanes did not disclose financial terms in their press release announcement but sports business journal Sportico reported last week that Dundon had agreed to sell 12.5% of his ownership stake for approximately $332.5 million.“Brett, Marc and Bobby are accomplished business executive…
Former NHLer among new members of Hurricanes ownership group - Daily Faceoff
Just over a week after news surfaced that Carolina Hurricanes majority owner Tom Dundon was selling a 12.5% stake in the team at a valuation of $2.66 billion, the Hurricanes have announced the identities of their new partial owners. Joining investors Brett Jefferson and Marc Grandisson, who come from more traditional financial backgrounds, is former NHL forward Bobby Farnham, who appeared in 67 NHL games during a career that spanned from 2014 to…
Bobby Farnham, Brett Jefferson, Marc Grandisson buy stakes in Hurricanes
RALEIGH, N.C. — Tom Dundon has sold a portion of the NHL’s Carolina Hurricanes to three new minority owners. The team announced Thursday that Brett Jefferson, Marc Grandisson and retired hockey player Bobby Farnham had joined the ownership group. “Brett, Marc and Bobby are accomplished business executives whose experiences and knowledge will help us continue to grow our team’s success and impact,” Dundon said. “Brett lives in the (area) and Marc…
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