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With the right ticket design, it can even become a treasured memorabilia. Allowing entrance only to ticket holders for one and two, including important event details as well as information like their seating arrangements. And yet, they play quite an important role in ensuring your event goes smoothly. “We believe in Utah and all the amazing things happening in the state and we believe SEG is poised to be the next big sports and entertainment group,” Chad Hutchinson of Arctos Sports said in the August release.When you’re caught up with organizing an event, it can be all too easy to overlook an important detail: tickets. The company specializes in investing in passive minority stakes in professional sports franchises whose value appreciates faster than traditional stock investments.Īrctos already owns minority shares in three NBA teams including the Golden State Warriors, Sacramento Kings, and the Philadelphia 76ers, several MLB teams including the Los Angeles Dodgers, the Chicago Cubs, and the Boston Red Sox, Liverpool FC of the English Premiere League, various NHL teams, and Real Salt Lake. NEW: Arctos Sports Partners are buying a minority share of the Smith Entertainment Group, including the and are doing so in hopes of bringing a third professional sports team to the state of Utah.Ī private equity firm, Arctos launched in 2019 and has built more than $5 billion in assets through the Artcos Sports fund. That could lead to new facilities, including a future home for the NBA team and an NHL brother.” “Salt Lake City hosted the excellent 2002 Winter Olympics and is considered the favourite to do it again in 2030. “A very, very sharp guy, and New Jersey Devils co-owner David Blitzer are majority partners in MLS Real Salt Lake and, earlier this month, announced the return of a NWSL franchise to the city,” Friedman added. Smith didn’t reveal which major sports league the group was eyeing, but sources told KSL Sports that the NHL was the league most likely to expand into the state. Last October, Smith announced Arctos Sports Partners was buying a minority share in the Smith Entertainment Group (SEG), the entity that owns the Jazz, and hoped to bring a fifth professional sports team to the state of Utah.
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