FILE - A Carnegie Mellon University sign is displayed outside Baker Hall on the university's campus in Pittsburgh, June 7, 2019. Carnegie Mellon University and the Norman and Ruth Rales Foundation ...

INDIANAPOLIS -- The Pacers confirmed Thursday evening the sale of a 15% stake in the franchise to billionaire DePauw graduate Steven Rales -- giving him 20% ownership -- but said very little about ...

Potomac billionaire Mitchell Rales has joined Josh Harris's bid to buy the Washington Commanders, ESPN reports. Rales and his wife, Emily Wei Rales, are the couple behind the Glenstone museum, and now ...

On Thursday, ESPN NFL reporter Adam Schefter tweeted DC billionaire Mitchell Rales has formed a partnership with Miami businessman, Josh Harris, to buy the team.