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NFL joins other leagues to allow private equity firms to buy stakes | Morning in America

2024-08-28

The NFL’s 32 team owners met Tuesday in Minnesota and voted in favor of allowing private equity firms to buy stakes in teams, ushering in a new era for the league. The NFL will allow up to 10% stakes in teams by league-approved private equity firms. NFL media insider Andrew Brandt discusses how the change is likely to increase funding for expensive franchise costs.

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