The National Football League (NFL) will soon allow private equity companies the opportunity to invest in teams, which could break records for team sales in the future and create competition for billionaires such asJeff Bezos, who could be eyeing a team purchase.
What Happened:NFL owners approved a measure to allow private equity minority stakes in teams, which the league previously discussed earlier this year.
The new approval marks a key change to the league, which previously allowed teams to have limited partners with minority stakes but no investments from institutional investors.
Private equity funds that have league approval...
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