The NFL remains a "closed shop," where ownership is tightly controlled by existing members.
For the first time, three franchises have crossed the $10 billion threshold. The Dallas Cowboys lead with a $13 billion valuation, followed by the Los Angeles Rams ($10.5 billion) and the New York Giants ($10.1 billion).
To increase the pool of potential buyers as prices soar, the NFL recently voted to allow select private equity funds to own up to 10% of a franchise. II. The Process of Buying a Team
A successful bid requires the approval of three-quarters (24 out of 32) of the current NFL owners.
For those unable to buy a franchise, the "NFL buy" topic covers several other lucrative sectors: The Duke NFL Football | Wilson Sporting Goods
Prospective buyers must prove extreme liquidity. The league requires the general partner (controlling owner) to hold at least 30% equity in the team.
Candidates undergo intense vetting for their history of legal issues, bankruptcies, or controversial connections.

