00:00It's Benzinga, and here's what's on the block.
00:02As sports team values soar into the billions, aging owners face mounting challenges from
00:07succession planning and taxes.
00:09The National Football League, with an average team owner over 72, is particularly affected.
00:15Succession disputes and potential tax changes threaten smooth ownership transitions.
00:19Owners increasingly use sophisticated tools like family-limited partnerships and irrevocable
00:24trust to minimize tax impacts.
00:26Even NFL policies allowing private equity investments in teams offer owners a way to
00:30maintain control while accessing liquidity.
00:32For all things money, visit Benzinga.com.
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