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RDV Sports. RDV Sports, Inc. is a Michigan corporation set up by Richard DeVos to purchase the NBA franchise, the Orlando Magic. Established in 1991, its assets have included the Orlando Miracle WNBA team, Orlando Solar Bears of the ECHL and the RDV Sportsplex.
Aug 1, 2023 · The Magic is under the ownership group called "RDV Sports, Inc.," which was established by Richard to purchase the team. Since then, it's grown exponentially and purchased the Solar Bears in 2017. •
People also ask
Who owns RDV Sports?
What is RDV Sportsplex?
Is Richard DeVos still owned by RDV Sports?
- The Magic Is Owned by RDV Sports
- Richard Devos Passed Away in 2018
- Dan Devos Is Current Chairman of The Company
- RDV Sports Have Other Assets
- The Family Secured Amway Center
- RDV Sports Used to Own The Orlando Miracle
- The Devos Family Is Very Active with The OMYF
- They Are Incredibly Loyal
- The Devos Family Has Ties to Politics
- Richard Devos Almost Died Twenty Years Too Soon
Yes, the NBA team is not owned by one person but by a corporation. Technically, the corporation was set up specifically to purchase the Orlando Magic. That corporation was set up by Richard DeVos—hence, the RDV name. RDV Sports was founded in 1991, and it’s still the owner of the team to this day. Their headquarters is located in Orlando. It isn’t ...
The man that set up the corporation is no longer around, but he left a legacy to be passed on to his future family generations. RDV Sports is currently owned by members of the DeVos family, and operations are still being managed by the family to this day. Richard DeVos was a billionaire businessman, and according to this article from Forbes, his ne...
Richard DeVos passed along the baton to his son, Dan. Dan DeVos is a businessman in his own right, and he’s most well known for his role as CEO of DP Fox. Dan has actually held the position of Orlando Magic chairman since 2011. In addition, he also serves as chairman of the Orlando Magic Youth Foundation. Dan also owns and operates other athletic t...
The Orlando Magic may be its biggest asset, but RDV Sports, Inc. has its hands in other ventures as well. In addition to the Magic, the organization also owns the Orlando Solar Bears (until 2001) and the RDV Sportsplex. The Solar Bears are a professional ice hockey team that’s based in Orlando and plays at the Amway Center. The team plays in the So...
The history of the DeVos family and Orlando Magic are so intertwined in many ways. This article outlineshow the DeVos family was crucial in the acquisition of the now Amway Center. The Amway Center serves the Orlando area in so many different ways, and it’s become a crucial part of the Central Florida community. The DeVos family has also helped fun...
The organization also used to own the WNBA team from Orlando, the Miracle. The Orlando Miracle was part of RDV from 1998 until 2002. They were the Magic’s sister team. However, the team relocated after the 2002 season to Uncasville, Connecticut due to financial reasons. There, the Miracle became known as the Connecticut Sun. The team became the ver...
We’ve already mentioned that Dan DeVos is currently the chairman for the Orlando Magic Youth Foundation. But it begs to say just how much the family has done with the charity and how many children benefit from the OMYF each year. The numbers show that at least 100,000 kids from the Central Florida area are positively affected by OMYF. Volunteers fo...
It’s pretty clear to see that the DeVos family is quite invested in Orlando, Florida. They’ve established their lives and businesses here. However, business is business, and there were times when the Magic underperformed for many seasons. There were rumors that circulated for a while about how the DeVos family might eventually sell off the NBA team...
For a business giant like Rich DeVos, it shouldn’t be a surprise that one of the speakers in his funeral was a former president. However, the DeVos family still has ties to the government today. Current Education Secretary Betsy DeVos also carries the DeVos name through marriage. She married one of Rich’s son, Dick DeVos.
Rich DeVos needed a heart transplant when he was only 71 years old. This article from Mlive.comoutlined the story of how all the stars aligned for the senior DeVos to receive a rare and unique heart to match his own. Instead of only having a few months to live, Rich ended up living for another 21 years until his death at 92 years of age. He believe...
Company Description: RDV Sports is a holding company controlled by Amway co-founder Richard DeVos through which he and his family own various sports and leisure interests in Central Florida. The crown jewel of DeVos' portfolio is the Orlando Magic professional basketball team, which he purchased in 1991.
- 8701 Maitland Summit Blvd, Orlando, 32810-5999, FL
- Chief Executive Officer
Dec 7, 1999 · 8701 Maitland Summit Boulevard. Orlando, FL 32810. Telephone Number: (407) 916-2400Email: insider@orlandomagic.com. RDV Sportsplex. The RDV Sportsplex, a joint venture between RDV Sports, Inc. and ...
Jun 27, 2022 · O'Neal specifically addresses the DeVos family, who, through RDV Sports, Inc. own the Orlando franchise. The corporation's namesake, Rich DeVos, passed away in 2018, but RDV Sports is now led by ...
RDV Sports Inc. Rdv Sports, Inc. was founded in 1991. The company's line of business includes the manufacturing of luggages from leather.
