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Patriots to Sell 8% Stake to Sixth Street and Dean Metropoulos at $9 Billion Valuation

The agreement awaits league approval at the Oct. 21–22 owners meeting.

Overview

  • Sixth Street is set to acquire about 3% of the franchise, with billionaire Dean Metropoulos buying roughly 5%, according to multiple reports.
  • The Kraft family will retain more than 90% ownership and control of the team.
  • Proceeds will remain on the Patriots’ balance sheet for reinvestment, and the sale does not include the MLS New England Revolution.
  • If finalized, the valuation would be the NFL’s second-highest this year, behind the New York Giants’ deal topping $10 billion.
  • This would be Sixth Street’s first NFL stake under the league’s 2024 policy allowing vetted private-equity firms to hold small, non-voting interests.