List of NFL franchise owners
The following is a list of current National Football League franchise owners:
Ownership restrictions
The NFL forbids corporations, religious groups, governments, and non-profit organizations owning a team.[39] The NFL requires a controlling owner to hold at minimum a 30% stake in the team and forbids ownership groups of over 24 people, or any publicly traded corporations from purchasing NFL teams; one team, the Green Bay Packers, is exempt from this under a grandfather clause and is owned by shareholders. The Houston Texans are also grandfathered in for their home county–the Harris County, Texas government–which owns 5% of the team, as the rule forbidding governments from owning a team became effective in 2007. The NFL's constitution also forbids its owners from owning any other professional football teams, although an exception was made for teams from the now-defunct Arena Football League located in the NFL team's home market. In addition, the controlling owners of NFL teams were previously only permitted to own major league baseball, basketball and hockey teams if they were in the NFL team's home market, or were not located in other NFL cities.[40]
Stan Kroenke, who owned hockey and basketball teams in Denver, was nonetheless unanimously allowed to buy the then-St. Louis Rams in 2010 and hold on to his Denver assets until 2015. Even then, the Denver assets were transferred to his wife, Ann.[41] Soccer has been exempt from these restrictions since 1982, when the league lost a lawsuit filed by the original NASL stemming from the investments of Kansas City Chiefs owner Lamar Hunt and Elizabeth Robbie, the wife of Miami Dolphins founder Joe Robbie in NASL teams;[42] as a result, NFL owners have owned teams in MLS in other NFL markets. In October 2018, the NFL owners voted to relax the cross-ownership rule, allowing controlling NFL owners to own other professional teams within NFL markets outside their home market.[43] The league also informally requires prospective owners to have high liquidity in their assets and positive cash flow; having a majority of one's wealth invested in real estate is often grounds for rejection.[44]
See also
Notelist
- Majority or controlling owner in a limited partnership.
- Other members of the ownership group include Carrie Walton Penner, Greg Penner, Mellody Hobson, Condoleezza Rice, and Lewis Hamilton.
- Public corporation with a grandfathered exception to modern NFL ownership rules. The team is governed by a board of directors with president and CEO Mark Murphy representing the team.
- The four children of team founder Lamar Hunt share legal ownership, with Clark Hunt as acting owner.
- Christopher Johnson is acting owner due to Woody Johnson's appointment as United States Ambassador to the United Kingdom.
- Jody Allen represents the estate of Paul Allen, who mandated the eventual sell of the team in his will.
- Represents the five co-owning children of founding owner Bud Adams.
- Limited partners:
- Mitchell Rales
- Magic Johnson
- David Blitzer
- Mark Ein
- Lee Ainslie
- Eric Holoman
- Michael Li
- Marc Lipschultz
- Mitchell Morgan and family
- Doug Ostrover
- Alejandro Santo Domingo and family
- Michael Sapir
- Eric Schmidt
- Andy Snyder
References
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- Starrs, Chris (September 17, 2018). "Arthur Blank". New Georgia Encyclopedia.
- S.I. Staff (n.d.). "Steve Bisciotti, Baltimore Ravens". Sports Illustrated.
- S.I. Staff (n.d.). "Kim and Terry Pegula, Buffalo Bills". Sports Illustrated.
- Haislop, Tadd (May 22, 2018). "Who is Panthers' new owner? Fast facts about David Tepper". Sporting News.
- S.I. Staff. "Virginia Halas McCaskey, Chicago Bears". Sports Illustrated.
- Kirkendall, Josh (December 23, 2011). "Brown Family Completes Deal To Purchase 30% Of The Cincinnati Bengals". Cincy Jungle.
- S.I. Staff (n.d.). "Mike Brown, Cincinnati Bengals". Sports Illustrated.
- "Browns' Sale to Jimmy Haslam Done". ESPN. Associated Press. October 25, 2012.
- Schefter, Adam (August 2, 2012). "Sources: Browns Sold for Over $1B". ESPN.
- Roy, Reagan (February 25, 2019). "On This Day: Jerry Jones buys Dallas Cowboys in 1989 for $140M". CBS19. Tyler, Texas: KYTX-TV.
- Around the NFL staff (August 9, 2022). "NFL owners approve Walton-Penner group's purchase of Denver Broncos franchise". NFL.com. NFL Enterprises, LLC. Retrieved August 10, 2022.
- DiLalla, Aric (August 9, 2022). "'Putting a winning team on the field is our No. 1 priority': Walton-Penner Family Ownership Group unanimously approved, introduced as new Broncos owners". DenverBroncos.com. NFL Enterprises, LLC. Retrieved August 10, 2022.
- Rothstein, Michael (June 23, 2020). "Detroit Lions Owner Martha Firestone Ford, 94, Steps Down; Sheila Ford Hamp Takes Over". ESPN. Retrieved June 24, 2020.
- Risdon, Jeff (June 24, 2020). "A History of the Detroit Lions Franchise Ownership". USA Today.
- Patra, Kevin (June 23, 2020). "Lions Owner Martha Ford Stepping Down, Will Be Succeeded by daughter". National Football League.
- "Who is the Houston Texans' owner? History of the McNair family". ProFootballNetwork. February 19, 2021.
- "Trading an NFL Franchise: A Brief History". Last Word on Sports. July 29, 2019.
- Sandomir, Richard (December 1, 2011). "Jaguars Buyer Had His Eye on Ownership of a Franchise". The New York Times.
- "Meet the Dallas billionaire responsible for the Kansas City Chiefs' resurgence". January 26, 2020.
- Ramirez, Fernando. "Understanding The Chargers Ownership News". Sports Illustrated.
- "Chargers co-owner asks court to force sale of team due to mounting debts exceeding $350 million, per report". CBSSports.com. April 2021.
- "Dean Spanos' sister wants him to sell Chargers in messy ownership drama". April 2, 2021.
- "Fleming: Reclusive NFL owner sparks chaos". ESPN. March 18, 2015.
- Hoffower, Hillary; Kaplan, Juliana. "Stephen Ross — Trump donor and Equinox chairman — has reportedly already donated $1 million toward NYC's next elections. Take a look at how one of the city's richest residents built his fortune". Business Insider.
- "Sources: Wilf family emerges as top Wolves suitor". ESPN. July 22, 2020.
- Gaines, Cork. "Robert Kraft saved the New England Patriots with a gutsy $175 million investment and it has paid off big time". Business Insider.
- "Blakeview: The story of Tom Benson and the New Orleans Saints". NOLA.com. March 9, 2020.
- "New York Giants ownership at a glance". ESPN. March 18, 2015.
- Sandomir, Richard (January 12, 2000). "The Jets Fill One Opening: New Owner at $635 Million". The New York Times.
- Tornoe, Rob (September 20, 2018). "Jeff Lurie bought the Eagles for $185 million. They're worth a lot more today". Philadelphia Inquirer.
- "History of Pittsburgh Steelers Sports, Inc". FundingUniverse.
- S.I. Staff (n.d.). "Get to know the York family, the San Francisco 49ers' owners". Sports Illustrated.
- "Council Oks Allen's Purchase Of Seahawks". The Seattle Times.
- Maiorana, Sal. "The billionaire Glazer family who owns the Tampa Bay Buccaneers has roots in Rochester". Democrat and Chronicle.
- Climer, David. "With Bud Adams' death, what lies ahead for Titans?". USA Today.
- Boclair, David. "Adams Heirs to Remain Titans Owners". Sports Illustrated.
- Keim, John (July 20, 2023). "NFL owners approve $6.05B sale of Commanders to Harris group". ESPn.
- "Constitution and Bylaws of the National Football League" (PDF). National Football League. 2006. Archived from the original (PDF) on November 13, 2018.
- "Constitution and Bylaws of the National Football League" (PDF). National Football League. 2006.
- "NFL owners let Kroenke keep Rams; transfer Nuggets, Avalanche to his wife". Retrieved October 7, 2015.
- North American Soccer League v. National Football League, 670 F.2d 1249 (2d Cir. 1982).
- Farmer, Sam (October 16, 2018). "NFL owners vote to allow cross-ownership in cities with football teams". Los Angeles Times. Retrieved January 6, 2019.
- "Trump's failed bid to purchase Bills mentioned in Times article". WBEN. March 19, 2019. Retrieved March 19, 2019.