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14h ago

Kelce Brothers’ Garage Beer Moves to Acquire Significant NFL Franchise Stake

The brewery plans to disclose the franchise it is investing in along with the size of its stake within days of its teaser post.

Kelce brothers are eyeing an ownership stake in a professional team. (Photo by Dia Dipasupil / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
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Overview

  • Garage Beer, co-owned by Jason and Travis Kelce, announced on May 28 that it is in very advanced stages of acquiring a significant stake in an NFL franchise valued at over $6 billion.
  • The announcement was made via Garage Beer’s Instagram account, which teased a football-themed partnership without naming the team or its location.
  • The move follows the brand’s rapid expansion since the Kelces invested in June 2024 and mirrors Tom Brady’s recent NFL ownership involvement with the Raiders.
  • Key details such as the franchise’s identity, league affiliation, and exact ownership percentage remain undisclosed, with more information expected in the coming days.
  • The Kelce brothers’ Ohio roots and ties to Cleveland have sparked speculation that the target could be the Cleveland Browns, though this has not been confirmed.