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The National Football League is now accepting investment from private equity firms. The process was a long time in the making, after peer leagues like Major League Baseball and the National Basketball Association began doing so starting in 2019. In recent years valuations of professional football teams have skyrocketed, boosted in part by soaring media rights packages. The average NFL franchise is valued at $6.5 billion, according to CNBC's Official NFL Valuations, while the NBA's average franchise is worth about $4.4 billion, according to Forbes. Watch the video above to learn more about how the NFL's new guidelines for private equity will work and how they may affect the league moving forward.
Persons: we've, Clark Hunt, Forbes, Sportscorp, Marc Ganis Organizations: National Football League, Major League Baseball, National Basketball Association, Kansas City Chiefs, NFL, NBA
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrivate equity will continue to place big bets on sports teams, says Sportscorp CEO Marc GanisMarc Ganis, Sportscorp founder and CEO, joins 'Closing Bell' to discuss the push from private equity into the NFL.
Persons: Marc Ganis Marc Ganis Organizations: NFL
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSportscorp Founder Marc Ganis talks what is behind the recent jump in sports ratingsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Marc Ganis, Brian Sullivan, Organizations: CNBC
Sportscorp CEO Marc Ganis talks Tiger Woods splitting with Nike
  + stars: | 2024-01-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSportscorp CEO Marc Ganis talks Tiger Woods splitting with NikeHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Marc Ganis, Woods, Brian Sullivan, Organizations: Nike, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Marc Ganis, Sam Bozoian and Jimmy RobertsJimmy Roberts, NBC Sports & Golf Channel broadcaster, Sam Bozoian, Barstool podcast host, and Marc Ganis, Sportscorp founder and CEO, join 'Last Call' to discuss the PGA's surprising move to partner with Saudi-backed LIV Golf.
Persons: Marc Ganis, Sam Bozoian, Jimmy Roberts Jimmy Roberts, LIV Golf Organizations: NBC Sports, Golf Channel Locations: Saudi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Yasir Al-Rumayyan is going to be the most powerful person' in golf, says Barstool's Sam BozoianJimmy Roberts, NBC Sports & Golf Channel broadcaster, Sam Bozoian, Barstool podcast host, and Marc Ganis, Sportscorp founder and CEO, join 'Last Call' to discuss the PGA's surprising move to partner with Saudi-backed LIV Golf.
Persons: Yasir Al, Sam Bozoian Jimmy Roberts, Sam Bozoian, Marc Ganis, LIV Golf Organizations: NBC Sports, Golf Channel Locations: Saudi
Here's why Las Vegas is scooping up so many sports teams
  + stars: | 2023-04-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Las Vegas is scooping up so many sports teamsMarc Ganis, founder and CEO of Sportscorp, discusses the trend of professional teams moving to Las Vegas. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
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