The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says

The NFL is considering allowing private equity team ownership of up to 10%. The league has previously banned private-equity minority ownership but is reassessing its policies due to rising team valuations. Other major U.S. sports leagues already allow private-equity team ownership of up to 30%. The NFL hopes to establish its new ownership policies by the end of the year, starting with a 10% cap. The league is open to increasing this percentage over time. Rising team costs have made it difficult for individuals to afford team ownership, leading to interest from private equity firms. Private-equity ownership typically comes with limited decision-making power on the team.