NFL team owners have approved a new measure allowing some private equity firms to partially invest in their franchises. The move passed in a 31-1 vote Tuesday. The rule aims at giving a cash infusion into organizations and allows owners to sell up to a 10% stake in a team to private equity firms. Miriam Gottfried, reporter for The Wall Street Journal, has more.
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.
