NFL Approves Julia Koch’s 10% Stake In Giants At $10.3 Billion Valuation

Benzinga

The NFL approved Julia Koch’s $10.3B purchase of a 10% stake in the New York Giants, the league’s highest-ever team valuation. Similar sales in the Patriots and 49ers highlight rising private equity interest and media rights optimism.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02The National Football League approved Julia Koch's purchase of a 10% stake in the New York Giants,

00:06valuing the team at $10.3 billion, according to CNBC.

00:10Heal makes this the highest valuation ever for an NFL team sale.

00:14The team also approved limited partner sales for two other teams.

00:16Dean Metropolis and Sixth Street Partners acquired an 8% stake in the New York Patriots,

00:21valuing the franchise at $9 billion.

00:23Fortress Investment Group's Pete Bridger Jr. purchased a 3.2% stake in the San Francisco 49ers,

00:28headed at $8.6 billion.

00:30NFL team valuations have soared, fueled by new private equity participation,

00:35and expectations of lucrative media rights for negotiations that could begin next year.

00:39For all things money, visit Benzinga.com.

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