Grant Hill’s success on the court is well known, but now he’s matching his success on the hardwood with success off of it.
Hill has amassed an impressive business portfolio in a relatively short period of time. Last year, Hill and his wife Tamia joined soccer ownership group Orlando Soccer Holdings, which includes MLS team Orlando City and NWSL team Orlando Pride.
The 7x NBA All-Star and Basketball Hall of Famer is also a co-owner of the Atlanta Hawks, an NBA and college basketball broadcaster, a real estate investor and managing director of USA Basketball.
Earlier this week, Hill added another item to his resume by joining the group that agreed to purchase the Baltimore Orioles.
Hill joins billionaire and former NYC mayor Mike Bloomberg and Washington Spirit owner Michele Kang in the group, led by David Rubenstein, that is buying the Baltimore Orioles from the Angelos family for $1.725 billion.
Family patriarch Peter Angelos bought the team in 1993 for a then-record price of $173 million.
The deal to buy the team, according to Sportico, is unique in that the Rubenstein Group will buy “nearly 40%” of the club now and then “commit to buying the balance after Peter, 94, dies.”
Orioles legend Cal Ripkien Jr. also joined the group as a minority investor.
Grant Hill now has equity stakes in teams from the NBA, NWSL, MLS and now MLB. Could an NFL team be next?
If Hill’s shrewd business moves continue, it just might be.
