Merritt Paulson

Henry Merritt Paulson III is the majority owner of Peregrine Sports, LLC which owns the Portland Timbers, a Major League Soccer team based in Portland, Oregon.^[1]

Personal

He graduated from Hamilton College with a B.A. in 1995. Paulson earned his Masters of Business Administration from Harvard Business School.^[2] Prior to owning the sports franchises he worked for the National Basketball Association as a senior director of marketing and business development,^[2] and has worked for the cable television channel Home Box Office.^[2] He is the son of Henry Merritt "Hank" Paulson Jr., the former United States Secretary of the Treasury.^[3][4] He serves on the board of trustees of the Wildlife Conservation Society.^[5] Paulson is married to Heather Mahar Paulson, who appeared on The Amazing Race, season 3, and they reside in Portland.

Shortstop, LLC

In May 2007 Paulson’s investment group Shortstop, LLC purchased the Portland Beavers and the Portland Timbers from California businessman Abe Alizadeh.^[2] The purchase made the group the teams' fourth owners since 2001.^[6] Paulson’s father is a minority partner in the company.^[2] Shortstop is a Delaware organized company.^[2]

Footnotes

1. ^ Oregonian (2010). City Hall: PGE Park renovation will include healthy rent payments to Merritt Paulson for sports clinic. Retrieved March 22, 2011.
2. ^ ^{a b c d e f} Giegerich, Andy (May 22 2007). "New Beavers, Timbers owner wants local ties". Portland Business Journal. http://www.bizjournals.com/portland/stories/2007/05/21/daily23.html?page=1. 
3. ^ David Jackson. Bush turns to Wall Street for new Treasury chief. USA Today, May 31, 2006.
4. ^ Galen Barnett. Why bail out Merritt Paulson
5. ^ The National Center: Press release, June 8, 2006
6. ^ Murphy, Todd (March 18, 2008). "Merritt's system". Portland Tribune. http://www.localnewsdaily.com/news/story.php?story_id=120578462169321000. 

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