JOURNAL ARTICLE

Elway, Tebow, Chick-fil-A CEO Start New Sports Investment Firm.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Bhasin, Kim 3 of 3

Abstract

The article discusses the formation of Momentous Sports, a sports investment company established by former NFL quarterbacks John Elway, Tim Tebow, and Blake Bortles, in collaboration with Magnolia Hill Partners, a private real estate firm led by Marley Hughes. The company aims to invest in professional sports teams and the surrounding real estate ecosystem, including stadiums and public spaces, with a focus on middle-market U.S. sports such as soccer and minor league baseball. Momentous is currently involved in a project in Jacksonville, Florida, where it has invested in a new professional soccer club and plans to develop mixed-use spaces around the stadium. The company is also exploring international opportunities, particularly in European soccer markets. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:187870045
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