The Nashville Predators have announced that former Tennessee Governor Bill Haslam has agreed to purchase the majority of Predators’ chairman Herb Fritch’s stake.
The team said that, after approvals and completion of documents, that Haslam will become a minority owner of the team within a few months before becoming a majority owner in the next few years.
“From the time our ownership group, made up of day one season ticket holders, gathered together in 2007 to purchase and guarantee the franchise’s future in Nashville, the goal has been to ensure that stewardship of the team is in strong local hands,” Predators president and CEO Sean Henry said in a statement.
“The pending addition of Governor Haslam to the ownership group solidifies that local stewardship for years to come, with the shared philosophy for making SMASHVILLE the most unique sports market in our league and country as our players and coaches compete for the Stanley Cup each season.”
Haslam served as the governor of Tennessee from 2011 until 2019. Through his work with his family’s company, Pilot Flying J, Haslam has an estimated net worth of $2.3 billion, according to Forbes.