Reported 2 days ago
In August 2024, the NFL approved private equity ownership for its teams, prompting the Miami Dolphins and Buffalo Bills to begin selling minority stakes to investment firms. This shift is linked to the rising need for stadium funding without incurring debt. Yahoo Sports Senior NFL Reporter Jori Epstein highlights that the sale amounts align with stadium budget overages, suggesting teams might turn to private equity for quicker financial support.
Source: YAHOO