00:00It's Benzinga, and here's what's on the block.
00:02The NFL has informed owners and investment firms that it plans to take a percentage of
00:06private equity profits from future sales of ownership stakes in its teams.
00:11This comes after the NFL owners voted to allow private equity firms to hold up to a 10 percent
00:15stake in teams, marking the first time such investments are permitted in the league.
00:20Unlike other major sports leagues which allow higher percentages of private equity ownership,
00:24the NFL's move to take a portion of profits is unprecedented.
00:28The NFL's total value has significantly outpaced the growth of the S&P 500 over the
00:32past two decades.
00:33For all things money, visit Benzinga.com.
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