Black and Gold money

Devils, 76ers duo new silent investors

The Pittsburgh Steelers have new minority investors with sports expereince.

The Steelers confirmed Monday that they have two new minority owners.

Financiers Josh Harris and David Blitzer, who own the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, bought a stake for less than 5% of the team, according to a report by Bloomberg News. Harris and Blitzer also own Prudential Center in Newark, N.J., and the Crystal Palace soccer club in the English Premier League.

It’s the second time in less than a year the Steelers have welcome new investors. In December, Doug Ledba, a Pittsburgh native who founded Lending Tree, and NC Revocable Trust, a family-based trust in Pittsburgh, purchased a portion of the nearly 5% percent stake David Tepper held.

Tepper, a Stanton Heights native who bought the Carolina Panthers in 2018, had to divest his interest in the Steelers upon purchasing another NFL franchise. The remainder of Tepper’s stake was purchased by Pittsburgh Steelers Inc., the company that operates the team.

The Rooney family, which has owned the club since its inception in 1933, continues to run day-to-day operations of the team. Art Rooney II, grandson of team founder Art Rooney, is the team’s president.

According to the Bloomberg report, Harris and Blitzer will be silent investors.

Cowboys

Running back Ezekiel Elliott ested positive for the coronavirus, according to his agent. Rocky Arceneaux told the NFL Network Monday that Elliott was feeling OK and recovering. The Cowboys declined to comment.

49ers

The team rewarded coach Kyle Shanahan with a new six-year contract after he took the team to the Super Bowl in his third season at the helm. San Francisco is replacing the three years remaining on Shanahan’s original six-year contract signed in 2017 to keep him under contract through 2025.

Colts

Indianapolis will add career sacks leader Robert Mathis to their Ring of Honor this year.