{
Stanley Middleman

People

}
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philadelphia phillies valued at three billion after significant capital raise

The Philadelphia Phillies have raised nearly $500 million from new investors, valuing the team at approximately $3 billion, including its stake in NBC Sports Philadelphia. Managing partner John Middleton and Stanley Middleman also increased their investments, totaling close to $600 million. The capital raise positions the Phillies for potential acquisitions, including free agent Juan Soto, while the team navigates the challenges of regional sports network economics amid declining pay-TV revenues.
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United States Dollar Nbcuniversal Media LLC Comcast Corporation New York Mets Philadelphia Phillies Galatioto Sports Partners USA Pat Gillick John Middleton Mitchell Morgan Stanley Middleman Guntram Weissenberger Jr. Show more
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19:58 08.11.2024
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