Rick Ross Expresses Interest In The 76ers After Michael Rubin Announces He's Selling His Minority Stake: 'I'll Buy His 10%'

Rick Ross is still striving to achieve his goal of becoming a professional sports team owner.
Just a few weeks ago, Rozay expressed interest in acquiring a five percent stake in the Miami Dolphins.
Now, Ross has revealed he's buying a 10% stake in the Philadelphia 76ers in a comment on Instagram that read, "I'm buying his 10% lol."
Michael Rubin makes an announcement via Instagram
Ross' move followed Michael Rubin's announcement that he was selling his minority stake in the Sixers. Rubin, who is worth $8 billion according to Forbes, bought the 76ers in 2011 for $290 million with an ownership group. As CEO of Fanatics, Rubin plans to turn his attention to the world of sports betting to strengthen the brand.
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“Today, Fanatics has rapidly transformed into a multi-company global digital sports platform, with more than 10,000 employees in 57 countries and nearly 100 million sports fans worldwide. As our Fanatics business has grown, so have the obstacles I must overcome to ensure our new business does not conflict with my responsibilities as a Sixers co-owner," Rubin wrote on Instagram.
He continued: “With the introduction this year of trading cards and collectibles – which will have individual contracts with thousands of athletes worldwide – and a sports betting operation soon to start, these new businesses will come directly into conflict with the ownership rules of sports leagues. Unfortunately, given these realities, I will be selling my stake in the Sixers and going from being a part owner to a lifelong fan.”
Check out the post below:
RickRoss
American rapper and record executive from Florida (born 1976)

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