NFL owners vote to allow PE investment in franchises, Washington Post says

Team owners in the NFL “overwhelmingly” approved a move to allow franchises “to sell minority ownership stakes to private equity funds,” in what is considered a noteworthy measure for NFL team owners, the Washington Post’s Mark Maske wrote. “I think it’s a very positive day for the league …And I think everybody feels really good with where we ended up, said Kansas City Chiefs owner Clark Hunt, according to the WP story. Private equity firms sanctioned by the league include Arctos Partners, Ares Management (ARES), Sixth Street (TSLX) and a consortium of Blackstone (BX), Carlyle (CG), CVC Capital Partners (CVC) , Dynasty Equity and Ludis, a platform founded and led by former NFL running back Curtis Martin,” noted the WP story.