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Private equity investment in NFL teams is coming, Washington Commanders owner Josh Harris says - TL;DR CNBC

Private equity investment in NFL teams is coming, Washington Commanders owner Josh Harris says

Publishing timestamp: 2024-06-05 15:37:58


Summary

Josh Harris expects to see more private equity and institutional investor deals for sports teams as team valuations continue to grow. Harris led a $6.05 billion purchase of the NFL's Washington Commanders, the most money ever spent to purchase an NFL team. The trend of rising team prices is happening across sports, leading to a potential rethink of allowing private equity or institutional investors into the NFL.


Sentiment: NEUTRAL

Tickers: APO, 

Keywords: national football league,  major league baseball,  sports,  nba,  breaking news: business,  josh harris,  nfl football,  nfl teams,  nba teams,  apollo global management inc,  basketball,  roger goodell,  business news,  sports media,  steven cohen,  media,  mlb teams, 

Source: https://www.cnbc.com/2024/06/05/pe-ownership-in-nfl-teams-is-coming-washington-commanders-owner-says.html


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