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Why the NFL Let Private Equity Get Into the Game
Posted
September 8, 2024
Views
1,237
Likes
21
Comments
2
Engagement
1.86%
September 8, 2024
1,237
21
2
1.86%
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1:01Now PlayingThe National Football League, one of the most valuable entities in professional sports, is finally letting institutional investors enter its rich ranks. Thanks to a recent vote that changed the league’s rules, private equity firms will now be able to buy 10% stakes in NFL teams. While these are ultimately small stakes, they nonetheless allow owners to sell pieces of their teams to silent partners. The MLB and NBA already allow similar arrangements. #nfl #football #sports #news #business #privateequity #finance #money
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