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Kraft Agrees to Sell 8% Patriots Stake at About $9 Billion Valuation

The non‑controlling sale keeps proceeds with the franchise pending an NFL owners vote in October.

Overview

  • Sixth Street would acquire 3% and billionaire Dean Metropoulos 5%, with the Kraft family retaining more than 90% ownership and control.
  • Multiple reports say the cash will remain on the Patriots’ balance sheet for reinvestment, and the deal excludes the MLS New England Revolution.
  • The transaction requires review by the NFL finance committee and a vote at the Oct. 21–22 owners meetings.
  • At roughly a $9+ billion valuation, the deal ranks among the richest for an NFL team, trailing only the Giants’ pending 10% sale above $10 billion.
  • Sixth Street, approved under the NFL’s 2024 private‑equity policy, would make its first NFL team investment after building stakes across NBA, MLB, NWSL and European soccer.