Particle.news

Download on the App Store

49ers Reach Deal to Sell 3.2% Stake to Fortress Executive Pete Briger at $8.6 Billion Valuation

The move underscores the NFL’s new private‑equity path for clubs seeking capital without surrendering control.

Overview

  • Reports say the 49ers agreed to sell a 3.2% minority interest to Pete Briger Jr. of Fortress Investment Group.
  • The price matches May’s benchmark valuation of about $8.6 billion and would generate roughly $272 million.
  • Jed York and his family are expected to retain about 88% ownership after the deal closes.
  • The sale requires approval from NFL owners at upcoming meetings under rules permitting up to 10% private‑equity stakes.
  • Briger, based in Menlo Park, would join Bay Area limited partners added in May, including the Khosla, Griffith and Deeter families.