In August 2024, NFL owners voted to permit private equity firms to invest in teams, a historic move following similar steps by MLB, NBA, and NHL since 2019. This decision comes as NFL team valuations reach an average of $6.49 billion, fueled by significant media rights deals. The Miami Dolphins are reportedly in advanced discussions with Ares Management for a minority stake investment. The entry of private equity firms marks an important shift in the league, reflecting their desire to capitalize on the NFL’s growth and financial success.
