The rules require a lead investor to own at least 30 percent of a franchise and prohibit any investment by private equity firms or sovereign wealth funds. to approve the sale of the Washington Commanders from Daniel Snyder to a group led by Josh Harris for $6.05 billion.
“Following the Denver and Washington transactions, the Finance Committee agreed that it would be appropriate to look at the full range of ownership policies, including permitted debt levels, minimum equity requirements and holding periods, eligible categories of investors, and expanding opportunities for more diverse ownership,” the NFL wrote in the memo, a copy of which The Washington Post obtained Thursday.
Advertisement Owners Robert Kraft of the New England Patriots, Arthur Blank of the Atlanta Falcons, Jimmy Haslam of the Cleveland Browns and Greg Penner of the Denver Broncos will serve on the committee, according to the memo. Kansas City Chiefs owner Clark Hunt, the chairman of the NFL finance committee, will serve as an ex officio member.
NFL Players Association calls on NFL to switch all fields to natural grassThe NFL Players Association wants the league to switch all its fields to natural grass, calling it the easiest decision the NFL can make to protect players.
NFL Players Association calls on NFL to switch all fields to natural grassExecutive director Lloyd Howell issued a statement Wednesday morning saying NFL players “overwhelming prefer it and the data is clear that grass is simply…
NFL Players Association pushes for NFL to switch all fields to natural grassThe players’ union called for the change after four-time NFL MVP quarterback Aaron Rodgers tore his left Achilles tendon in his debut with the New York Jets.
NFL Teaser Picks – NFL Week 2Our best NFL teaser opportunities for Week 2 action. Week 2 teasers featuring the San Francisco 49ers and Baltimore Ravens.
After Aaron Rodgers injury, NFL players union again asks for natural grass fieldsNFL players prefer playing on natural grass. It’s ‘the easiest decision the NFL can make,’ says NFL Players Association executive director Lloyd Howell.
Ex-NFL Media journalist sues over alleged institutional discriminationJim Trotter says voicing concerns over equity and racial injustice in the NFL Media organization cost him his job.