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Chernin Group Invests in Youth Sports Venture Unrivaled From Team Owners Josh Harris and David Blitzer
Chernin Group has made an investment in Unrivaled, a company focused on youth sports launched by longtime team owners Josh Harris and David Blitzer.
Campion would not comment on terms of TCG’s investment, except to say that the valuation was at a higher level than the cost of the recent acquisitions in youth sports by Harris and Blitzer as a result of the business’ high growth and profitability. The baseball business, which is led by Wade Martin, is East Coast-centric, but it draws teams from all over the country, including 28% of clubs at All Star Village from California. Blitzer owns a stake in teams in each of the five major U.S. sports leagues, multiple European soccer clubs and a TGL franchise with Tiger Woods.
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