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Mark Cuban Sells Sports-Technology Company To Dodgers Owners (bloomberg.com)






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msmash

from the how-about-that dept.

Billionaire Dallas Mavericks owner Mark Cuban is selling one of his sports-technology investments to the owners of the Los Angeles Dodgers. From a report: Atrium Sports, a technology company backed by Todd Boehly and other Dodgers owners, has acquired data and video analytics company Synergy Sports Technology, in which Cuban is the biggest investor, the companies said Monday. Synergy provides its analytics tools to a number of National Basketball Association franchises, as well as Major League Baseball and college basketball and baseball clubs. Boehly is chairman of Eldridge Industries, which made the lead investment in the Synergy transaction. Elysian Park Ventures, which includes Boehly and fellow Dodgers owners Mark Walter, Magic Johnson and Peter Guber, also invested. Financial terms weren’t disclosed, but a person familiar with the transaction said the total purchase price was about $90 million.

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