NFL owners vote to allow private equity funds to buy stakes in teams
NFL owners vote to allow private equity funds to buy stakes in teams
NFL owners have voted in approval of a measure to allow private equity funds to buy stakes in teams. Judy Battista explains why this change was made and breaks down what to expect next.
"Why do you need so many players and coaches? Can some of this be outsourced?"
Forget play calling with analytics, its time for play calling with AI.
These are tough, unprecedented economic times.
We are conducting a 10% RIF. Instead of fielding a 53 man team we'll be fielding a 46 man team.
Thank you for your understanding as we hope to deliver the same NFL experience that you love.
So we are going to make the teams worse? Not sure how they can make them worse but private equity will find a way.
If it wasn't already... They will look for more ways to squeeze $ out of consumers
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Gonna sell the stadium to a subsidiary and then lease it until the team runs out of money.
People of Brown County, Wisconsin:
Nah. We good. Go fuck yoself.
Very on brand for the NFL
No. It really is a huge change.
this was a club of rich people who own teams as play things
Now it is going to be about optimization and bottom line
five years from now, things will be dramatically different. It might be a good time to buy a steak and a soccer team.
Asset-stripping couldn't happen to a nicer league.
Just as long as we can't have any more publicly owned teams! That's communism!
Owners are going to cash out before the liability of player injuries comes due. That is what I see here.
This may - and big guess here - may be good for the league. Ownership that would previously passed down through inheritance can now be sold off to structured businesses.
Also, if a toxic owner is booted out of the league the path to financial stewardship is now a lot more open, rather than what I'd assume to be one of the most gated of circles it would take to be an owner currently.