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NFL Owners Considering Allowing Private-Equity Firms To Buy Stakes

Denver Broncos head coach Sean Payton talks with reporters during an AFC coaches availability at the NFL owners meetings, Monday, March 25, 2024, in Orlando, Fla. (AP Photo/Phelan M. Ebenhack)

Each spring, the owners of the NFL's 32 teams convene to discuss various matters, including the potential for allowing team owners to sell stakes to private-equity firms and institutional investors. The current rule restricts stake sales to wealthy individuals, but with team valuations soaring, there is a growing need for broader investment opportunities.

At this year's meeting in Orlando, Florida, from March 24 - 27, team owners are expected to deliberate on permitting institutional investors like venture firms and private equity funds to acquire passive stakes in teams. Unlike other major sports leagues, the NFL currently prohibits fund investments, but a rule change could provide owners with more flexibility in selling their stakes.

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