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The league will conduct one meeting with Arctos
Partners and another with a group featuring Blackstone, Carlyle,
CVC and Dynasty Equity, the report said. The list of firms also
reportedly interested in NFL ownership includes Apollo, Ares and
Sixth Street.
The NFL is the only major North American sports league that
prohibits private equity ownership in a franchise. The NBA, NHL,
Major League Baseball and Major League Soccer all limit their
teams to selling no more than 30 percent of equity to a fund.
Sportico reported that the NFL is looking at 10 percent as a
potential cap.
The most recent NFL team to be sold was the Washington
Commanders, a record-breaking $6.05 billion transaction. With
team valuations on the rise, private equity could be an
alternative avenue for franchise sales in the future.
The NFL formed a committee last year to explore changing its
rules governing ownership, with Clark Hunt (Kansas City Chiefs),
Jimmy Haslam (Cleveland Browns), Arthur Blank (Atlanta Falcons),
Greg Penner (Denver Broncos) and Robert Kraft (New England
Patriots) serving on the committee.
Commissioner Roger Goodell said in March that they were "very
close to sort of outlining an approach," with "a lot of work to
do to take that approach into reality."
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