NFL Owners Delay Private Equity Vote to Allow More Deal Talks

May 22, 2024, 6:55 PM UTC

NFL team owners punted — for now — on allowing private equity firms to buy stakes in teams.

This week owners met in Nashville and discussed changing rules to let private equity firms invest. But a vote was delayed because some franchises want to take a more cautious approach, according to people familiar with the talks who spoke on the condition of anonymity to discuss the briefings.

One reason for the delay is that teams are in various stages of talks with private equity firms. Some franchises have been lining up potential deals, while others have been waiting to engage ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.