The York family, owners of the San Francisco 49ers, is selling a 6.2% minority stake in the team to raise capital. This stake will be shared among three venture capitalists: Vinod Khosla, Byron Deeter, and William Griffith. The sale values the 49ers at an impressive $8 billion, making it the most expensive franchise in the NFL, despite the team's recent lackluster performance with a 6-11 record. The NFL is set to approve the transaction at the upcoming owners meeting in Minneapolis.
The York family, owners of the 49ers, is selling a 6.2% minority stake to raise money, valuing the team at $8 billion.
The 49ers, despite a disappointing 6-11 record, are set to be valued as the most expensive team in the NFL through this sale.
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