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Gerry’s News Archive

The News Archive for Gerry Cardinale

Gerry’s News Archive

The News Archive for Gerry Cardinale

Gerry Cardinale

Founder & Managing Partner

RedBird Capital Partners
New York, NY, USA
14 Oct 2021 | New York Times

LeBron James’s SpringHill sells a minority stake to a group led by RedBird

RedBird Capital Partners is one of four investors obtaining a minority stake in SpringHill, a company founded by LeBron James and business partner Maverick Carter.

24 Jun 2021 | Financial Times

India’s Rajasthan Royals cricket team valued at $250m with US stake

Gerry Cardinale, Founder & Managing Partner of RedBird Capital Partners, is featured in the Financial Times in relation to RedBird's recent purchase of a 15 percent stake in the Rajasthan Royals cricket team of the Indian Premier League.

1 Apr 2021 | Bloomberg

Ex-Goldman Banker Channels the Hulk for Deals With Billionaires

Gerry Cardinale explains the presence of the 10-foot-tall statue of the Incredible Hulk in Redbird's office. The impressive statue is there to motivate his colleagues, he says, and to remind them that they need to be a little hungry and a little angry in order to achieve the level of success they want to attain.

31 Mar 2021 | Sportico

Fenway Sports Group Closes Deal with RedBird and Lebron James

The Fenway Sports Group announced Wednesday “a significant investment in the Group by RedBird Capital Partners,” who are joined in the venture by LeBron James and Maverick Carter. The investment by RedBird into FSG is based on an enterprise valuation for FSG of $7.35 billion. RedBird is headed by founder and managing partner Gerry Cardinale.

18 Aug 2020 | Sportico

REDBALL’S SPORTS TEAM HUNT STARTS AS IPO HITS MARKET

Gerry Cardinale and Billy Beane raised $575 million as underwriters exercised an option to sell additional shares to meet demand. RedBall Acquisition Company, the duo's blank check company, completed its IPO and started trading today, giving it $575 million dollars and two years to complete an acquisition in the sports business. Cardinale is known for RedBird Capital which recently bought the XFL with Dwayne "The Rock" Johnson and Dany Garcia and is a minority investor in the YES Network through a 2019 deal valuing the cable TV channel at $3.47 billion.
 

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