featured-image

Roger Goodell, Commissioner of the National Football League, after the morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 10, 2024. Kevork Djansezian | Getty Images The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. "As sports evolve, we want to make sure our policies reflect that," Goodell said in an interview with CNBC's Julia Boorstin at Allen & Co.

's annual Sun Valley Conference. "We've had a tremendous amount of interest [from private equity firms], and we believe this could make sense for us in a limited fashion, probably no more than 10% of a team. That would be something we think could complement our ownership and support our ownership policies.



" The NFL hopes to set its new ownership policies by the end of the year, Goodell said. The 10% cap would be a starting point, and the league is open to raising it in time, he said. While other major U.

S. sports leagues, including the National Basketball Association, Major League Baseball, the National Hockey League and Major League Soccer all allow private equity ownership of up to 30%, the NFL has resisted taking money from institutional funds, such as private equity, preferring limited partners to be individuals or families. WATCH: NFL Commissioner Roger Goodell discusses ownership policies, international expansion watch now VIDEO 6:52 06:52 NFL's .

Back to Fashion Page