
"I'd like to welcome Pete, Devon, and the Briger family to the San Francisco 49ers, said Jed York, CEO of the San Francisco 49ers. Alongside my family and our existing owner partners, we know the Briger family shares our unwavering commitment to the long-term success of this organization and creating unforgettable moments for our fans."
"I'm honored that the Briger family is joining the 49ers ownership group. For my familyand millions of other fansthis iconic franchise represents far more than football; it reflects the legendary excellence and resilience of the Bay Area, Briger said in the 49ers' release."
Pete Briger Jr. and his family joined the San Francisco 49ers ownership group with a minority stake that received NFL approval. The York family controls the team and CEO Jed York publicly welcomed the Brig ers, noting their shared commitment to long-term success and creating memorable experiences for fans. The precise size of the Briger family's stake was not disclosed; Sportico previously reported the team sought approval for a roughly 6% sale valuing the franchise above $8.5 billion. Briger lives in Menlo Park and serves as executive chairman of Fortress, where he has worked since 2002.
Read at www.mercurynews.com
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