11 months ago
Patriots Sell Stake to Dean Metropoulos, Sixth Street for $9 Billion
The New England Patriots, owned by Robert Kraft, are selling a small part of their team to new investors.
This means that investors like Dean Metropoulos and Sixth Street Partners will own a piece of the team.
The team is worth a lot of money, around $9 billion!
This deal allows the Patriots to get some extra money, and the NFL is now letting private investors own part of teams.
All the other NFL owners need to agree to the deal before it's final.
Robert Kraft's Patriots agreed to sell an 8% stake in a deal valuing the team at $9 billion.
Dean Metropoulos and Sixth Street Partners are the investors acquiring the stake.
Metropoulos will acquire a 5% stake, while Sixth Street will get 3%.
The NFL owners must approve the sale in a vote scheduled for October 2025.
The sale follows the NFL's recent decision to allow private equity investment in teams.
- Who
- Robert Kraft, Dean Metropoulos, Sixth Street Partners, and NFL owners
- What
- The New England Patriots agreed to sell an 8% stake
- Where
- N/A
- When
- The sale agreement was made. The NFL approval vote is scheduled for October 21-22, 2025.
- Why
- To allow private investment and boost liquidity for team owners.
Key facts
- Team
- New England Patriots
- Seller
- Robert Kraft
- Stake Sold
- 8%
- Valuation
- $9 billion
- Buyers
- Dean Metropoulos, Sixth Street Partners
- Metropoulos' Stake
- 5%
- Sixth Street's Stake
- 3%
- NFL Approval Vote
- October 21-22, 2025
Sources
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