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Upon closing, Lorenzo Fertitta will step down from day-to-day operations, but both Frank and Lorenzo Fertitta will retain a passive minority interest in the organization, according to Beverly Hills, Calf.-based WME | IMG.

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The company said Wednesday that it would wind down its operations and plans to sell its assets.

Proceeds will go to historically Black colleges and universities.
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• With baseball in World Series mode, MLB has named the 14 finalists for the Hank Aaron Award and the MLB Players Assn.
She signed with WME Sports, with Bill Duffy, chairman and CEO for BDA Sports Management, as her agent.
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Proceeds will go to historically Black colleges and universities.

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This partnership with MLS will allow us to further engage consumers in a sport we have long supported through grassroots efforts.

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