Overview

• The San Francisco 49ers have agreed to sell about 6% of the team to the Khosla, Deeter, and Griffith families, valuing the franchise at over $8.5 billion.
• This transaction sets a global record for the highest valuation in a sports team sale, surpassing the recent $8.3 billion valuation of the Eagles' minority stake sale.
• The York family, which owns 97% of the 49ers, will reduce its stake to 91%, generating approximately $500 million in liquidity for family asset diversification.
• The NFL finance committee has reviewed the deal, though formal approval from team owners is required at next week’s league meetings in Minnesota.
• This sale reflects a growing trend in the NFL of selling minority stakes to high-net-worth individuals rather than institutional investors.