Robert Kraft agrees to sell New England Patriots minority stake in deal that values team at $9B

Robert Kraft, who paid $ 172 million for the New England Patriots in 1994, agreed to sell 8% of the NFL team to two groups in an agreement that value $ 9 billion to the franchise, according to two sources that do not have first -hand information about the agreement.

The money will be taken from selling 8% shares of the team, according to a person close to the situation, the patriots will remain in the balance sheet, that is, the valuation of patriots after the money is more than $ 9 billion.

Sales do not contain the New England Revolution, the Major League football team owned by the Kraft family, according to a source close to the agreement.

According to a person with the first -hand knowledge of the agreement, buyers are sixth street partners and Dean Metropoulos with approximately 5%. Metropoulos is listed by Forbes as $ 4.1 billion.

Patriotic minority shares sales should still be approved by the NFL’s Finance Committee.

The other two minority shares are planned to be voted by the League’s Finance Committee in October. First, according to the NFL owner, Julia Koch, New York Giants’ 10% sale to Julia Koch. And Sports business Journal report San Francisco 49ers’ın Kale Investment Group President Pete Briger Jr.

A few days ago, Chicago Bears’s 2.35% shares changed hands with an $ 8.9 billion value.

Patriots also have the Gillette Stadium, which was opened in 2002 and renewed at a cost of 250 million dollars in 2023. According to an internal NFL document obtained by the CNBC, the Patriots scraped the 118 million dollar ticket receipts in the 11th highest ticket receipts in the 11th highest ticket receipts.

At the beginning of this month, the CNBC was worth $ 9.25 billion to Patriots and fifth among the 32 teams of the league. The patriots won six super bowls under the ownership of Kraft and were mostly connected to Pittsburgh Steler in football.

Correction: Sixth Street Partners buys a part of a minority stake in New England Patriots. The recipient’s name was wrong in a previous version of this article.