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Old 05-19-2024, 04:33 PM  
Misplaced_Chiefs_Fan Misplaced_Chiefs_Fan is online now
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NFL considering allowing private equity to buy into teams

Private equity in the NFL? How team ownership might shift


Michael Rothstein, ESPN Staff Writer May 19, 2024, 06:49 AM ET

https://www.espn.com/nfl/story/_/id/...oposal-changes

A special committee of NFL owners has spent the past nine months investigating potential changes to league rules for team ownership, an attempt to grapple with a shrinking pool of potential team buyers amid soaring team valuations.

One of the possibilities on the table: allowing institutional wealth, including private equity, to invest in NFL franchises, which the league has never permitted.

Owners will likely discuss -- and potentially vote on -- the committee's research and findings at league meetings in Nashville this week.

"They've been very deliberate in the way they've evaluated different alternatives," NFL commissioner Roger Goodell said in March. "We're making progress. I think there'll be some changes, maybe as early as May, probably closer to October."

A move to allow private equity firms or institutional wealth to invest as limited partners could free up cash for owners to pursue projects such as stadium renovations and would represent a large shift in how the league has historically operated, with the majority of franchises traditionally run as family businesses with single-family ownership.

Spoilered for brevity:

Spoiler!
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Old 05-19-2024, 04:38 PM   #2
scho63 scho63 is offline
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May help with better decision making by committee if private equity board runs a team.

Baseball kinda does this already with LPs
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Old 05-19-2024, 05:04 PM   #3
ChiefsCountry ChiefsCountry is online now
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Going to have to with the price of the franchises. Going to be hard for one person to write the check.
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Old 05-19-2024, 06:51 PM   #4
PatMahomesIsGod PatMahomesIsGod is offline
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Quote:
Originally Posted by scho63 View Post
May help with better decision making by committee if private equity board runs a team.

Baseball kinda does this already with LPs
Yeah, because hedge funds and private equity TOTALLY care about the on field product.

JFC.
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Old 05-19-2024, 07:44 PM   #5
493rd 493rd is offline
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At some point in the future the NFL will be entirely PPV. Greed…inviting PE and hedge funds into the league is a horrible idea imo.

Last edited by 493rd; 05-19-2024 at 07:52 PM..
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Old 05-19-2024, 08:19 PM   #6
Rainbarrel Rainbarrel is offline
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So they're okay with unions at this stage of profit
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Old 05-19-2024, 08:22 PM   #7
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Old 05-19-2024, 08:35 PM   #8
Hammock Parties Hammock Parties is online now
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This is ****ing disgusting and they better not ****ing do it.

You'll have teams moving cities all the ****ing time.
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Old 05-19-2024, 08:42 PM   #9
TwistedChief TwistedChief is online now
Why so serious?
 
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I'm a hedge fund guy, and I think this is stupid. The NFL needs stewards, not some semblance of vultures.

Having said that, I don't think this is at all about Private Equity majority ownership fwiw.
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Old 05-19-2024, 08:51 PM   #10
ghak99 ghak99 is offline
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That's some serious cringe.
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Old 05-19-2024, 09:10 PM   #11
wazu wazu is offline
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Yeah, do not want.
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Old 05-20-2024, 11:04 AM   #12
PHOG PHOG is offline
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This wouldn't be a good idea IMO. Profit, profit, profit. Much more so than now IMO.
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Old 05-20-2024, 11:08 AM   #13
FloridaMan88 FloridaMan88 is offline
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Saudi Arabia may want in on this.
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Old 05-20-2024, 11:11 AM   #14
Mecca Mecca is offline
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Saw this shit coming a mile away, all they care about is profit and allowing this will make them doing expansion easier.
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Old 05-20-2024, 11:33 AM   #15
Pasta Little Brioni Pasta Little Brioni is offline
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Greedy pieces of shit. Squeeze every penny out of us already now you want mercenaries that won't give a **** about anything nut bottom line profit? Yeah..no
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