What Private Equity Will Mean For The NFL
In August 2024, NFL owners voted in favor of allowing private equity firms to invest in teams for the first time in its storied history. It was a long time coming as peer leagues such as the MLB, the NBA and the NHL began accepting minority-share investment by private equity firms beginning in 2019. Average NFL team valuations have soared to $6.49 billion, largely thanks to the enormous media rights deals they have signed, which are worth 85% more than the previously inked deal. And private equity wants a share in the growth. The Miami Dolphins are allegedly the first NFL team to be in advanced talks to sell a minority stake to private equity firm, Ares Management. Chapters: 1:10 – Breakdown 2:48 – In action 6:41 – Future Produced and Edited by: Christian Nunley Animation: Christina Locopo and Jason Reginato Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC What Private Equity Will Mean For The NFL
