The NFL plans to meet on Aug. 27 to discuss allowing institutional investors to buy stakes in teams, potentially changing the landscape of ownership in the league.
The league’s proposal includes allowing institutional investors to acquire up to 10% of teams, although some owners advocate for a cap at 5%, reflecting varied opinions.
The NFL aims to be the last major American sports league to approve these investments, following the NBA which permits up to 20% ownership from private equity firms.
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