The NFL recently passed a new financial rule that flew under the radar that will allow teams to sell up to 10 percent of their ownership stakes to private equity firms. That doesn’t mean much and won’t really change much, at least right now. Of course, it could open the door for us to eventually see the EnterCorporateName Bengals.
Like all changes, the team owners have to vote. The measure passed by a vote of 31-1, and the lone no vote came from Cincinnati Bengals Executive Vice President Katie Blackburn, according to PFT’s Mike Florio.