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RAJ Sports


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RAJ Sports


RAJ Sports, led by Alex Bhathal and Lisa Bhathal Merage, focuses on investment opportunities in sports and sports-related properties, drawing on the Bhathal family’s multi-generational experience and relationships in the industry.

The firm seeks to leverage the power of sports to affect broader social and economic change through a variety of business and philanthropic strategies.

Its deep experience in professional sports operations and large-scale real estate developments that create thriving community centers, positions the firm to deliver valuable assets that will support further growth for the players, staff, and fans.

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Sacramento Kings


Sacramento Kings


In 2013, the Bhathal family via RAJ Sports acquired the Sacramento Kings (NBA) as principal co-owners; subsequently building the platform to include the Sacramento RiverCats (MiLB), Stockton Kings (NBA G-League) and several sports anchored real estate developments.

Raj Bhathal serves as Vice Chairman and Alternate Governor and Alex Bhathal serves on its Executive Board.

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Portland Thorns


Portland Thorns


The Bhathal family via RAJ Sports purchased the Portland Thorns FC in January 2024.

The Thorns are the premier club in the National Women's Soccer League (NWSL) with three championships and record setting attendance. 

Lisa Bhathal Merage serves as Governor, Alex Bhathal serves as Alternate Governor, Raj and Marta Bhathal serve on its Executive Board. 

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WNBA Portland


WNBA Portland


The Women’s National Basketball Association (WNBA) awarded Portland with the league’s 15th franchise on September 18, 2024.

The to-be-named franchise will take the court in 2026, playing its games at the Moda Center, and will be owned and operated by the Bhathal family, via RAJ Sports.

Lisa Bhathal Merage serves as Governor. Alex Bhathal serves as Alternate Governor.

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“ This is a world-class ownership group, and the Thorns, their fans, and the entire Portland community will no doubt benefit for years to come. ”

Jessica Berman, NWSL Commissioner