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1 big thing

Steve Young: What private equity could do for the NFL

May 16, 2024
Former NFL quarterback turned private equity investor, Steve Young, discusses the surge of private equity investments in sports teams and makes the case for private equity buyers in the NFL. He also talks about coaching girls in flag football and the potential impact of private equity firms in NFL ownership.
20:52

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Private equity investments in NFL teams offer generational liquidity and professional team management.
  • Girls' flag football demonstrates the game's appeal and inclusivity for female players, with potential for significant growth.

Deep dives

Steve Young's Transition to Private Equity

Former NFL quarterback Steve Young transitioned from a successful football career to private equity, co-founding the firm HGGC. Unlike many athletes who dabble in private equity, Young was actively involved in operations and investments, accumulating over $7 billion in capital and investing in 600 companies. He advocates for private equity buyers in the NFL to address existing challenges.

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