This chapter explores the NFL's recent decision to allow private equity firms to invest in franchises, potentially changing ownership structures and team valuations. It analyzes the motivations behind this shift among team owners and the implications for the market, including the influx of capital and a broadened pool of potential buyers. Additionally, the chapter discusses the complexities of investing in NFL teams, including restrictions faced by private equity investors and the evolving dynamics within family ownership.
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Bloomberg News Senior Technology Correspondent Mark Gurman reports on Apple cutting about 100 jobs in its digital services group, part of a shift in priorities for the critical division. Bloomberg News US Sports Business Reporter Randall Williams discusses the NFL ushering in a new era by allowing private equity ownership. Julie Hansen, US CEO of Babbel, talks about language learning boosting employability. And we Drive to the Close with Jeff McClean, Managing Partner at Solidarity Capital.
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