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NFL Commissioner Roger Goodell announced on CNBC that the league is considering a policy change to allow private equity ownership of teams. Goodell mentioned there has been a tremendous amount of interest in this move, and if implemented, the initial limit would be 10% private equity ownership per team. This policy shift would enable owners to sell a minority stake of their teams for a substantial return, without relinquishing control. For instance, Jerry Jones could potentially sell 10% of the Dallas Cowboys, valued at $9 billion, for $900 million. Goodell also noted that the 10% limit could increase over time.
A potential NFL policy change will make it easier for owners to cash in on the ever-growing worth of their teams, without giving up power. Just imagine Jerry Jones selling 10 percent of his @Cowboys - valued at $9 billion - for $900 million in cash. 👀 https://t.co/aF94aJhnOc
Roger Goodell explains that private equity investments initially would be limited to 10 percent, but the number could increase. https://t.co/liFJ0xvUvo
The NFL is considering a major shift in its minority stake ownership policies that could allow owners to sell a percentage of their teams at a significant return. https://t.co/tPuV9ligko
