The National Football League kicks off its first-ever game in South America on Friday night, as the league pushes to grow its footprint overseas. As the NFL enters the Southern Hemisphere, professional football has never been stronger financially. Last season, the league pulled in $13 billion in revenue, and the average team is worth about … Read more
Abbie Parr | Getty Images Sport | Getty Images The Seattle Seahawks may be the next National Football League team to sell. Beyond that, it’s anyone’s guess when another franchise will change hands. Former Seahawks owner and Microsoft co-founder Paul Allen died in 2018. Since Allen’s death, the team has been controlled by a trust … Read more
A detail view of a NFL shield logo paint of the field during a preseason game between the Los Angeles Rams and the Houston Texans at NRG Stadium on August 24, 2024 in Houston, Texas. Ric Tapia | Getty Images Sport | Getty Images Sports team owners benefiting from soaring team values are also facing … Read more
Jacob Kupferman | Getty Images The NFL’s most exclusive club is about to let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, the National Football League’s 32 owners are expected to vote in favor of allowing select private equity firms to buy up to a 10% stake of a team. … Read more
Roger Goodell, Commissioner of the National Football League, after the morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 10, 2024. Kevork Djansezian | Getty Images The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell … Read more
LOS ANGELES (NewsNation) — A multibillion-dollar class-action lawsuit against the National Football League has the association defending its decades-old “Sunday Ticket” streaming package. The trial for the lawsuit filed by “Sunday Ticket” subscribers has entered its third week. Willie Mays, Giants’ electrifying ‘Say Hey Kid,’ has died at 93 Class-action lawsuit allegations The plaintiffs representing subscribers and … Read more
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Netflix is trying to get ready for some football. The streaming giant has … Read more
Josh Harris poses for a photo during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024. Shannon Finney | CNBC In 2023, private-equity investor Josh Harris headed a group that paid $6.05 billion for the Washington Commanders, which still stands as not only the most money spent to purchase an NFL … Read more
YouTuber Deestroying and NFL Commissioner Roger Goodell presenting at YouTube’s Brandcast in May 2023. Credit: YouTube YouTube bet big on the NFL to boost its subscriber base, and content creators have been key to that push. After YouTube committed $2 billion per year to secure the rights to NFL Sunday Ticket, YouTube TV grew from … Read more
