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Silverstein Joins Brisbane Bullets Ownership

03 May
2 mins read
The Brisbane Bullets are pleased to announce that Jake Silverstein has acquired a significant stake in the Club, and welcome him as Co-Managing owner of the Bullets.

The Brisbane Bullets are pleased to announce that Jake Silverstein has acquired a significant stake in the Club, and welcome him as Co-Managing owner of the Bullets, further demonstrating the club’s commitment to building an internationally-respected basketball powerhouse in South East Queensland.

Silverstein, an accomplished global sports investor, is co-owner of Swansea City AFC (English Football Championship) and DC United (Major League Soccer).  He will share responsibility for overseeing and operating the club with Co-Managing owner Jason Levien as part of their global sports, entertainment technology, media and real estate investment strategy.

Bullets CEO Peter McLennan welcomes Jake to the Club,

“Jake joining the Bullets ownership, alongside Jason Levien, Kevin Martin and our already impressive group of owners is a major coup for the Club."

"His passion for basketball, his experience as a sports club owner in multiple leagues around the world, and his vision for the future of the Brisbane Bullets and the NBL is incredibly exciting.  Our ownership is totally aligned on what we want to build here in Brisbane, and they have already established a dynamic partnership in multiple ventures together. We couldn’t be more excited about where we are taking this Club.”

Jake Silverstein said,

“I believe we can make the Brisbane Bullets the premier international destination for aspiring basketball talent and a dominant force in the NBL. I am incredibly excited to further integrate the Club within the community and use the unique platform provided by professional sports to bring joy and pride to our fans.” 

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ABOUT JAKE SILVERSTEIN

 Jake Silverstein is Chairman & CEO of Stormlight Holdings, the Family Office and diversified investment platform of the Silverstein Family.  He is an experienced sports investor and is co-owner of DC United (Major League Soccer) and Swansea City AFC (English Championship).  From 2015-2021 Mr. Silverstein was co-owner and Alternate Governor for MLS's Houston Dynamo FC & NWSL's Houston Dash, and has been an active member of MLS's Board of Governors and Business Ventures committee.  He is an investor in and board member of public and private enterprises across multiple sectors in the USA, UK, Australia and New Zealand.  Jake continues his family's long-running support of fostering innovation as a Vision Circle member of the X-Prize Foundation, and leads the WJ Silverstein Family Trust's philanthropic efforts to make sports more accessible to children of all backgrounds.  He entered university at age 15 and earned a BA in pure mathematics and an MBA from the University of Michigan.

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