Robert Kraft has agreed to sell an 8% minority stake in the New England Patriots, valuing the team at $9 billion, with the sale proceeds staying on the team's balance sheet. The deal involves buyers Sixth Street Capital and Dean Metropoulos and requires NFL approval. This sale is part of a broader trend of NFL team stake sales, with other teams like the Giants, 49ers, and Bears also undergoing similar transactions.
The Chicago Bears are valued at nearly $9 billion following a record-setting sale of a 2.35% stake to existing owners, with the team now ranked as the seventh most valuable NFL franchise. The sale, which involved the estate of former owner Andrew McKenna, reflects the team's rising valuation and ongoing efforts to explore new stadium options, including a potential new stadium in Arlington Heights.
The NFL has approved the sale of an 8% minority stake in the Philadelphia Eagles, valuing the team at $8.3 billion. The sale, approved at an NFL owners' meeting, involves two family investment groups, with longtime owner Jeffrey Lurie retaining majority control. The Eagles, previously valued at $7 billion, have seen a significant increase in value, reflecting the strong market for NFL teams. New minority owners include Susan Kim and the Peskowitz siblings, with the sale highlighting the growing interest in sports team investments.
