The news we’ve all been awaiting has finally — finally — come to fruition. Real Salt Lake has officially been sold to David Blitzer and Ryan Smith, according to a press release from Major League Soccer.
Blitzer and Smith are joined by Arctos Sports Partners, a venture capital investment firm.
Smith’s involvement comes through Smith Entertainment Group, through which he is majority owner of the Utah Jazz.
Blitzer will serve as the club’s governor, while Smith will serve as the club’s alternative governor, according to the release.
From the MLS press release, commissioner Don Garber:
“The combination of David Blitzer and Ryan Smith’s SEG form a dream partnership for Real Salt Lake,” said MLS Commissioner Don Garber.