"Pegula Family Considers Selling Minority Stake in Buffalo Bills"
The Pegula family, owners of the Buffalo Bills, has hired investment bankers to explore the potential sale of a non-controlling, minority interest in the team, with a working figure of 25 percent. While the exact amount is not confirmed, the family intends to maintain a controlling interest in the team. This move reflects the trend of NFL owners seeking limited partners due to increasing team valuations and estate taxes, with the Bills currently estimated to be worth $3.7 billion. The NFL is also considering allowing such investments, potentially adopting guidelines this year.