David Blitzer is in advanced talks to sell control stakes in Salt Lake City’s two main soccer teams—MLS’ Real Salt Lake and the NWSL’s Utah Royals—according to multiple people familiar with the talks.
Blitzer is nearing a deal to relinquish control to the Miller family, the former owners of the NBA’s Utah Jazz, said the people, who were granted anonymity because the details are private. It would mark a short time in control for Blitzer, who bought RSL in 2022 and revived the Royals the following year.
It’s unclear how the teams are being valued in the transaction, and Blitzer is expected to remain an investor, two people said. Real Salt Lake is worth $525 million according to Sportico’s MLS valuations, a number that includes the NWSL team. The Royals are worth $70 million according to Sportico’s NWSL valuations.
