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Sport: BasketballCategory: Trades

Jason Levien to purchase stake in Maccabi Tel Aviv

Yahoo Sports • 1 min read • Latest: Aug 7, 2026, 2:18 PM

Last updated Aug 7, 2026

Jason Levien to purchase stake in Maccabi Tel Aviv
Summary

Jason Levien, a Jewish American businessman and former CEO of the Memphis Grizzlies, is set to acquire a significant stake in Maccabi Tel Aviv. The Recanati family, which currently holds 58% of the team, plans to sell half of its stake, with Levien expected to purchase a 29% share for approximately $50 million. Other owners have a 30-day window to exercise their right of first refusal following the notification of the sale. If no objections are raised, Levien will officially join as an owner of the team within the stipulated timeframe.

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Yahoo Sports
Key Details
  • •Jason Levien is the buyer of a 29% stake in Maccabi Tel Aviv.
  • •The Recanati family holds 58% of the team and will sell half their stake.
  • •Levien's purchase is valued at approximately $50 million.
  • •Other owners have 30 days to express interest in the purchase.
  • •If uncontested, Levien will become a new owner of the team.
Latest Updates
  • 2:18 PMYahoo Sports — The buyer is Jewish American businessman Jason Levien, …
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The buyer is Jewish American businessman Jason Levien, …

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