For more than a century, National Football League owners have been an exclusive club.
owners are expected to approve rules that would allow certain private equity firms to buy as much as 10 percent of a team.
Allowing investments from private equity could make it easier to put together a deal.
would be the last major sports league to allow private equity firms to become minority owners, and its approach is more conservative than leagues like the National Basketball Association, which allows private equity firms to own up to 30 percent of a team.
If the new rules pass, only a handful of anointed private equity firms will be able to invest in teams.
Organizations:
National Football League, Washington, National Basketball Association
Locations:
Eagan, Minn