Haslams Sell 10% Columbus Crew Stake at $900M

The Haslam Sports Group sold a 10% stake in the Columbus Crew to the Edwards family at a $900 million valuation, raising the Edwards family's ownership to 30% while HSG keeps 70%. The Crew's value has surged since the Haslams and Edwardses acquired the club for $150 million in 2018. Under their ownership, the Crew have won the 2020 and 2023 MLS Cups, the 2024 Leagues Cup, and have sold out nearly every home match at the Lower.com Field, which opened in 2021. The Haslams also own the Cleveland Browns, for whom they are planning a $2.4 billion stadium, and hold a significant stake in the NBA's Milwaukee Bucks. The deal comes amid a trend of soaring MLS franchise values and recent minority stake sales at even higher prices for other clubs. The Crew's on-field success and strong fan engagement have driven their rising valuation.