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Under the new NFL policy, teams can sell up to 10% of their common equity to PE firms, according to a summary shared by the league. A firm can buy as much as 10% of a team, or little as 3%. No single fund can invest in more than six teams, and the minimum hold period for each investment is six years.
“Parents are all just working with a system that is dysfunctional at best and broken at worst,” Farrey says, “but they’re afraid to step out of that, because they love their kids and they just don’t want them to miss out.”
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