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.