NFL’s Private Equity Deals Begin With Dolphins, Chargers Talks

  • NFL owners recently allowed private equity firms to buy stakes
  • Philadelphia Eagles and Buffalo Bills having similar talks

Four private equity groups have been approved to invest in NFL franchises.

Photographer: Harry How/Getty Images

The Los Angeles Chargers and the Miami Dolphins are among a number of National Football League teams potentially involved in bringing in private equity investors, people familiar with the situation said.

An owner of the Chargers, controlled by the Spanos family, is in advanced talks with two buyout firms to offload a stake, according to the people. The Dolphins is also in talks with private equity firms, alongside a number of potential individual buyers, they said. The owners of the Philadelphia Eagles and the Buffalo Bills are having similar discussions, one of the people said.