Lloyd Howell Jr., executive director of the NFL Players Association, has also been a paid consultant for The Carlyle Group since March 2023. This firm is amongst those approved to seek minority ownership stakes in NFL franchises, limited to 10%. Howell's dual role raised questions about its appropriateness after he was hired by the NFLPA. The NFL named a handful of private equity firms as approved investors in August 2023, including Carlyle, prompting discussions about potential conflicts of interest.
Lloyd Howell Jr. serves as a paid consultant for The Carlyle Group, a select group of league-approved private equity firms seeking minority ownership in NFL franchises.
In August 2023, the NFL approved three private equity firms, including Carlyle, to invest in minority franchise stakes not to exceed 10%.
Howell began consulting for Carlyle in March 2023, prior to being hired as executive director of the NFL Players Association.
Concerns arose when a senior union lawyer consulted Howell regarding the appropriateness of his dual roles in Carlyle and the NFLPA.
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