NFL owners vote in favor of private equity investment; select firms commit $12 billion

NFL owners voted on Tuesday to allow select private equity firms to invest at up to 10% of a team stake.

The league created a committee last September to look at the possibility of welcoming private equity funding and has been meeting with the selected firms more recently. Goodell told CNBC in July that he believes the 10% is a complement to the existing ownership structure and that the percentage could be raised at some point in the future.

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