NFL Owners Endorse Private Equity Stakes of Up to 10 Percent in Teams by League-Approved Firms

The NFL is the last league in American professional sports to allow private equity ownership of teams.
NFL Owners Endorse Private Equity Stakes of Up to 10 Percent in Teams by League-Approved Firms
NFL Commissioner Roger Goodell announces a pick during the first round of the NFL Draft in Las Vegas on April 28, 2022. Gregory Payan/AP Photo
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The NFL on Aug. 27 changed the rules on team ownership, allowing a list of private equity firms to own a piece of a club, making the league the last in American professional sports to permit private equity investment in its teams.

The NFL’s special committee on ownership policy—formed in 2023 by NFL Commissioner Roger Goodell—approved the change at a meeting outside Minneapolis, Minnesota. The group includes Atlanta Falcons owner Arthur Blank, Cleveland Browns Jimmy Haslam, New England Patriots owner Robert Kraft, Denver Broncos co-owner and CEO Greg Penner, and Kansas City Chiefs owner Clark Hunt.

Jackson Richman
Jackson Richman
Author
Jackson Richman is a Washington correspondent for The Epoch Times. In addition to Washington politics, he covers the intersection of politics and sports/sports and culture. He previously was a writer at Mediaite and Washington correspondent at Jewish News Syndicate. His writing has also appeared in The Washington Examiner. He is an alum of George Washington University.
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