Rich DeVos Rumors
The Solar Bears, who play in the ECHL, will continue to play at Amway Center for the 2017-18 season. “We are thrilled to purchase the Solar Bears, giving the team the opportunity to continue to play in Orlando,” Magic CEO Alex Martins said in a statement. “The Solar Bears’ fan base has been outstanding and we look forward to an exciting future.”
The Orlando Magic have inducted Rich DeVos, the team’s owner, into the franchise’s hall of fame. DeVos, who turned 90 years old earlier this month, will be the lone inductee this year, a team official said. DeVos purchased the Magic in 1991. He joins three other members in the Magic Hall of Fame.
Other NBA owners on the list include the Brooklyn Nets’ Mikhail Prokhorov ($7.6B), Miami Heat owner Micky Arison ($7.1B), New York Knicks owner Charles Dolan ($5B), Dan Gilbert of the Cleveland Cavaliers ($4.9B), Orlando Magic owner Rich DeVos ($4.7B), Tom Gores from the Detroit Pistons ($3.3B), Dallas Mavericks owner Mark Cuban ($3.3B), Indiana Pacers owner Herb Simon ($2.8B), New Orleans Pelicans owner Tom Benson ($2.2B), Memphis Grizzlies owner Robert Pera ($2B), Glen Taylor from the Minnesota Timberwolves ($1.8B), Milwaukee Bucks owner Marc Lasry ($1.7B), Houston Rockets owner Les Alexander ($1.5B), Utah Jazz owner Gail Miller ($1.4B), Chicago Bulls owner Jerry Reinsdorf ($1.3B), former Bulls player and Charlotte Hornets owner Michael Jordan ($1.1B) and Atlanta Hawks owner Tony Ressler ($1.1B).
The DeVos family, which owns the Orlando Magic and Amway, has purchased a minority stake in the Chicago Cubs. “Hailing from the Midwest and having followed the Chicago Cubs for many years, the DeVos Family is proud to confirm that we have invested a non-controlling interest in the Chicago Cubs and the Wrigley Field renovation project,” the family said in a statement issued to the Orlando Sentinel. “We respectfully refer any further questions on this topic to the Cubs organization.”