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Private equity won't play in Washington Commanders sweepstakes

Dan Snyder is seeking a buyer for the Washington Commanders after a 23-year ownership that's been best known for losing football and off-field controversies. But private equity funds won't be among the bidders.

What to know: NFL rules prevent private equity funds and other forms of institutional capital from owning franchises, even if they only hold minority stakes. That's different from many other pro sports leagues, including the NBA, MLB, NHL and Premier League.


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