The NFL Could Soon Embrace a Fresh Type of Minority Owner
National Football League owners, traditionally an exclusive group due to strict ownership rules, are considering allowing private equity firms to buy up to 10% of a team to address liquidity issues caused by soaring team valuations. This move would make it easier to find buyers and limited partners. The N.F.L. is more cautious in its approach compared to other leagues, allowing only select private equity firms to invest in teams. Potential investors include Arctos Partners, Dynasty Equity, Blackstone, CVC Capital Partners, and Carlyle Group. The league is expected to vote on the proposed changes soon, with owners like Terry Pegula and Dean Spanos potentially making the first deals.
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