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Harris, who co-founded private-equity giant Apollo Global Management and owns the Philadelphia 76ers, sometimes worked out with Lasry at the gym inside Manhattan's Core Club. It was there that Harris took on the role of interrogator. , had become accustomed to his long-time friend's constant smack-talking. While Lasry stretched out with a trainer, Harris would needle, "Why don't you lift more weights? It might be helpful if you actually got some exercise.
Harris, 55, owns or co-owns the 76ers, the NHL's New Jersey Devils, and the Crystal Palace football club, a London-based soccer team. Now, he may add a baseball team to his list of assets,that his sports investing company, Harris Blitzer Sports & Entertainment, was one possible suitor of the New York Mets.
Though there are no signs Cohen has returned to the table, Harris may have other competition. This spring, former MLB star Alex Rodriguez and his fiancée, actor and musician Harris, who commutes from Apollo to 76ers home games by helicopter, has an ambitious work ethic is frequently cited by friends and colleagues.
helping Apollo earn a six-fold return after a $2 billion investment turned into $12 billion between 2008 and 2013The profit he helped turn yields him an annual salary of several hundreds of millions in annual pay and dividends — enough toThe wealth he's accumulated has also made for some thorny optics. Harris recently instituted — then quickly retracted — a 20% pay cut for staffers of the 76ers when the coronavirus suspended the NBA season.
"Since I got to Philly, he's made me feel like a partner instead of treating me like someone who works for him," he said. "He values my input — and we got it fixed."Harris' firm, Apollo, doesn't invest in sports companies because of perceived conflicts of interest Apollo's other top executives have had their own side projects. CEO Leon Black, for instance, is chairman of the Museum of Modern Art. And private-equity executives at other firms, including David Bonderman of TPG, and Tom Gores of Platinum Equity, own their own teams, too. has known Harris for a good chunk of his career, working as an operating partner at Apollo between 2006 and 2015, and before that, as CEO for former Apollo portfolio company Vail Resorts.
When NHL commissioner Gary Bettman first met Harris, it was clear he wasn't treating his ownership of the Devils as some frivolous endeavor, Bettman said.
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