In the latest news to come across the NFL this week, team owner Robert Kraft has agreed to sell a minority stake in the New England Patriots in a deal that values the franchise at a $9 billion price point. The reported 8% stake will be split between Sixth Street Capital (3%) and billionaire Dean Metropolous (5%).
Metropolous, 79, is a Greek-American investor who grew up in Watertown, Mass. and attended nearby Babson College in Wellesley. He is the CEO of C. Dean Metropolous and Company, an investment firm known not just for its business in the food and beverage industry, but specifically a 2013 deal that revived Hostess Brands and saved, among many of its beloved bakery items, the Twinkie.
