Seattle Kraken's Ownership Group Introduces One Roof Sports and Entertainment: A New Era of Opportunity
The Seattle Kraken's ownership group has introduced a new parent company, One Roof Sports and Entertainment, which will take the majority ownership of Climate Pledge Arena. The move is aimed at creating new opportunities for the organization. The announcement coincided with Gov. Bob Ferguson's meeting with NBA Commissioner Adam Silver regarding the league owners' vote on expansion, with Seattle and Las Vegas as the potential options. Oak View Group will retain a minority stake in Climate Pledge Arena and continue to manage the venue under a long-term agreement.
Samantha Holloway, owner of the Seattle Kraken, and Kraken CEO Tod Leiweke will lead the new parent company, consolidating operations under One Roof Sports and Entertainment. The umbrella brand will encompass Seattle Kraken, Climate Pledge Arena, One Roof Foundation, and the Kraken Community Iceplex. Additionally, it will oversee the redevelopment of Memorial Stadium at Seattle Center and represent the Kraken's interests in the AHL's Coachella Valley Firebirds and Acrisure Arena.
Stay tuned for further updates on this evolving development. The establishment of One Roof Sports and Entertainment marks a significant step in the expansion and consolidation of the Seattle Kraken's operations and interests.