Overview

• Sixth Street will acquire 3% and Dean Metropoulos 5%, leaving the Kraft family with more than 90% ownership.
• Proceeds are expected to be reinvested in the Patriots, and the transaction does not include the New England Revolution.
• The reported price would mark the second-highest NFL team valuation after the Koch family’s pending New York Giants deal above $10 billion.
• This would be Sixth Street’s first NFL investment after receiving league approval last year to participate as an owner.
• The move continues a wave of minority sales across the league involving Ares in the Dolphins, Arctos in the Bills and Chargers, and recent deals by the 49ers and Bears; the parties declined comment and Sports Business Journal first reported the agreement.