On Air Now

Upcoming Shows

Program Schedule »


Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI


Current Conditions(Green Bay,WI 54303)

More Weather »
51° Feels Like: 51°
Wind: SW 3 mph Past 24 hrs - Precip: 0”
Current Radar for Zip


Clear 46°


Sunny 73°

Wed Night

Mostly Clear 48°


World famous Harlem Globetrotters sold to theme park company

By Olivia Oran

(Reuters) - The world famous Harlem Globetrotters exhibition basketball team has been sold to theme park operator Herschend Family Entertainment, the company announced on Tuesday.

Norcross, Georgia-based Herschend, which operates 26 theme parks and aquariums across the nation, including most notably Dolly Parton's Dollywood theme parks, acquired the team from private equity firm Shamrock Capital Advisors.

Reuters exclusively reported in June that the Globetrotters were up for sale and could fetch between $50 million and $100 million in a deal.

The terms of the deal were not disclosed. Piper Jaffray advised the Globetrotters on the sale process.

Founded in 1926, the Globetrotters have played more than 25,000 games around the world, with past legends including Wilt Chamberlain and Meadowlark Lemon.

Shamrock, initially founded as the family investment company of Roy Disney, had owned 80 percent of the Globetrotters.

(Reporting by Olivia Oran. Editing by Andre Grenon)