According to Daniel Kaplan of Street & Smith’s Sports Business Journal, the NFL voted last week at the Spring League Meetings in San Francisco, California, to allow trust ownership of teams, which should help NFL owners with designated family heirs like the Indianapolis Colts very own Jim Irsay to better transfer ownership:
“With escalating franchise values making it harder for owners to pass on control to sons and daughters because of mountainous estate tax hits, the league took a step it long spurned, allowing irrevocable family trusts to own control stakes in teams,” writes Kaplan.