The Sports Authority
Investment Year
1986
Exit
1994
Sector
Geography
North America - East
Website
www.thesportsauthority.com

The Sports Authority

The Sports Authority pioneered the concept of a superstore for sporting goods and has become the largest full-line sporting goods retailer in the United States. Felda Hardymon and Bill Burgin participated in its 1987 and 1988 financing rounds. The Sports Authority was purchased by Kmart (NYSE:KM) in 1990 and went public in 1994 (NYSE: TSA).